Over nearly two decades in securities arbitration, Andrew M. Greenidge has represented investors in high-stakes disputes against major brokerage firms, advisory practices, and financial institutions nationwide.
Prospective clients may not obtain the same or similar results. The amounts shown below reflect gross recoveries before deductions for attorney's fees, expert witness fees, and forum costs. Every case is unique and must be evaluated on its individual legal and factual merits. Prior results do not guarantee or predict a similar outcome in any future matter.
Recovered on behalf of retired business owners who were advised to invest significant portions of their conservative retirement nest egg into illiquid, high-risk private placements and structured debt products that suffered catastrophic principal losses.
Arbitration panel award on behalf of an individual investor whose broker executed hundreds of high-turnover equity and option transactions over an 18-month period, generating over $420,000 in brokerage commissions while devastating the account value.
Substantial settlement against a national wirehouse brokerage firm that failed to implement supervisory procedures or monitor the outside business activities and unauthorized private securities transactions (selling away) of a registered representative.
Successfully negotiated pre-hearing recovery for an elderly investor whose financial advisor initiated uncovered call options and margin trading without obtaining prior written discretionary authority or verbal authorization.
Recovered on behalf of a trust whose advisor concentrated the account in non-traded real estate investment trusts (REITs) and business development companies (BDCs) that suspended distributions and experienced steep NAV write-downs.
Award granted to a family estate after an advisor concentrated more than 60% of the portfolio into speculative energy sector equities and master limited partnerships (MLPs), failing to diversify despite explicit instructions to preserve capital.
Recovered funds for retirees who were repeatedly advised to surrender existing fixed-income annuities to purchase new variable annuity contracts, incurring severe surrender penalties and unnecessary multi-year surrender charge lockups.
Resolved claims against a clearing broker-dealer for improper handling of automated margin calls and forced liquidations at depressed market values without giving the investor the contractually required opportunity to meet margin requirements.
Settlement obtained for an investor misled by promissory representations regarding a "guaranteed return" principal-protected note that in reality exposed 100% of invested capital to underlying credit risk.
Virtually every brokerage account agreement contains a mandatory arbitration clause requiring disputes to be resolved through FINRA Dispute Resolution Services rather than state or federal civil court.
FINRA arbitration is a specialized legal proceeding with its own distinct discovery rules, arbitrator selection protocols, and damage calculations. Having an attorney with deep insider knowledge of how defense firms evaluate claims is essential to maximizing your financial recovery.
The baseline measure of damage calculating the difference between your net capital investment and what you actually recovered.
Damages accounting for what your money would have earned had it been placed in suitable, market-appropriate investments.
Unwinding unsuitable transactions, returning principal invested, plus statutory interest and applicable fees.
We handle investor claims on a true contingency basis: if there is no recovery, you owe no attorney's fees.
FINRA claims are subject to strict eligibility time limits. A free, confidential consultation with Andrew M. Greenidge can help determine if you have a viable claim to recover your funds.
