Skovlund v. American Portfolios, FINRA Case No. 14-00077

Expungement request denied in TIC case.

This case concerned a stipulated award in a 1031 Exchange involving alleged undisclosed risks and illiquidity. The panel denied the expungement request of a non-party broker, even though the customer voluntarily opted not to oppose the expungement request.

Case Law Alerts, 1st Quarter, January 2016

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