ARBchek - Arbitrator Research Base

1. Raymond James v. Stamper FINRA ID #23-01593 (Anchorage, AK, 2024-10-14) – After dismissing the Counterclaim with prejudice and assessing monetary sanctions in the form of attorney fees against Respondent broker for her noncompliance with the Panel's Order regarding the production of discovery, the Panel awards Claimant broker-dealer damages relating to the Transition Assistance Loan.

2. US Bancorp v. Reed FINRA ID #23-03124 (Phoenix, AZ, 2024-10-21) – An Arbitrator explains why he has decided to award Claimant broker-dealer its attorney fees for an amount lower than requested as the amount requested exceeds the prevailing rate charged in Phoenix, Arizona and holds Respondent broker liable for the amounts due and owing pursuant to the terms of the Repayment Agreement (promissory note).

3. Anthony v. Wells Fargo FINRA ID #24-00472 (Phoenix, AZ, 2024-10-24) – An Arbitrator grants Respondent broker-dealer's Pre-Hearing Motion to Dismiss without prejudice pursuant to FINRA Rule 13206 (Six-year Eligibility Rule for Industry Disputes) and denies Claimant's request for reformation of alleged defamatory information from appearing on her Form U5 record.