Attorneys obtained a voluntary dismissal of all claims alleged against our national broker-dealer client

Attorneys obtained a voluntary dismissal of all claims alleged against our national broker-dealer client. Claimants filed a Statement of Claim for a binding non-appealable arbitration before FINRA. Claimants complained about the registered representative's unsuitable recommendation of equity indexed annuities and a universal life insurance policy which were recommended for estate planning purposes. The specific claims against our broker-dealer client were failure to supervise and respondeat superior in connection with the complained of activities of its former Registered Representative.