UBS And Merrill Lynch Win $2.5 Million DotCom Customer Case
Posted on February 11, 2013 at 14:10 PM EST
In a Financial Industry Regulatory Authority (“FINRA”) Arbitration Statement of Claim filed in March 2012, public customer Claimant Kaiser asserted various causes of action including breach of contract, breach of fiduciary duty, failure to supervise, negligence, and unsuitability in connection with his purchase of V-ha.com stock. Claimant Kaiser sought $2,850,000 in compensatory damages, punitive damages, interest, attorneys’ fees, and other relief. In the Matter of the FINRA Arbitration Between Gerald Kaiser, Claimant, vs. Gregory Alan Berger, Merrill Lynch Pierce Fenner & Smith Inc., and UBS Financial Services Inc., Respondents (FINRA Arbitration 12-01158, February 6, 2012).
In a Financial Industry Regulatory Authority (“FINRA”) Arbitration Statement of Claim filed in March 2012, public customer Claimant Kaiser asserted various causes of action including breach of contract, breach of fiduciary duty, failure to supervise, negligence, and unsuitability in connection with his purchase of V-ha.com stock. Claimant Kaiser sought $2,850,000 in compensatory damages, punitive damages, interest, attorneys’ fees, and other relief. In the Matter of the FINRA Arbitration Between Gerald Kaiser, Claimant, vs. Gregory Alan Berger, Merrill Lynch Pierce Fenner & Smith Inc., and UBS Financial Services Inc., Respondents (FINRA Arbitration 12-01158, February 6, 2012).
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