Articles Tagged with Structured Note Recovery Lawyers

A federal magistrate judge has recommended upholding a historic $133 million FINRA arbitration award against Stifel Financial, rejecting the firm’s attempt to vacate the ruling related to former broker Chuck Roberts. The article details how Roberts allegedly misled wealthy clients into high-risk structured note strategies, leading to massive losses and his permanent bar from the financial industry.

The Claimants Of This Investment Loss Recovery Case Worked With Former Broker Chuck Roberts

A federal magistrate judge is recommending that a federal trial court judge reject Stifel Financial’s motion to vacate the $133M arbitration award it was ordered to pay to clients of former Stifel financial advisor Chuck Roberts. The claimants are a family that sued Stifel broker-dealer subsidiary Stifel, Nicolaus & Co for $5M in damages over structured note losses. The award granted is significantly greater.