A FINRA arbitration panel in Baltimore, Maryland denied all claims against a broker who was represented by Jenks & Harvey LLP (FINRA Case ID 13-00209).
The decision was unanimous; with Jenks & Harvey LLP partner Robert J. Harvey leading the defense. The claims related to the Claimant’s investment in an allegedly unsuitable private placement. The broker was alleged to have made false and misleading statements, negligent misrepresentations, and breached his fiduciary duty concerning the private placement. Compensatory damages and post-judgment interest were awarded against the broker’s former broker-dealer, who was separately represented.