ARBchek - Arbitrator Research Base

1. Kupelnick v. Citizens Securities FINRA ID #24-00592 (Boston, MA, 2025-03-04) – An All-Public Panel explains in detail why it has decided to grant Respondents' Pre-Hearing Motion to Dismiss pursuant to FINRA Rule 12206 of the Code (Six-year Eligibility Rule) after unanimously finding that Claimant was required to file this arbitration no later than December 5, 2023 and is thus outside the scope of the applicable statute of limitations.

2. Wiedel v. Charles Schwab FINRA ID #23-02266 (Omaha, NE, 2025-03-07) – An All-Public Panel explains why it has decided to deny a customer's case, finding that he intentionally participated in a scheme to evade Respondent broker-dealer's account security measures and therefore is not entitled to damages. However, the Panel did find Respondent broker-dealer liable on the claim of respondeat superior relating to the mismanagement and misconduct by one of its registered representatives with respect to the customer's account and held it liable for the costs and fees associated with the filing of this arbitration.