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Required Disclaimer: Case results depend upon a variety of factors unique to each case and do not guarantee or predict a similar result in any future case undertaken by this firm.

An NASD arbitration panel in Richmond recently awarded a disabled Charlottesville, Virginia woman represented by Greco & Greco all of her losses in her investment account ($60,530) plus interest. Her brokerage firm had unsuitably invested her account aggressively in growth stocks despite the woman's need for income from the account for living expenses for the rest of her life. Read the NASD award.

In this case taken pro bonoby Greco & Greco, the FINRA arbitrator awarded the full amount of compensatory damages and interest requested based on claims of negligence, breach of fiduciary duty, and unsuitable recommendations. The arbitrator found that the brokerage firm "failed to recommend suitable investments based on [Claimant's] request, age, needs, income status, and need for security." The firm had ignored Claimant's request for safer investments as her IRA declined with the market in 2008. Read the FINRA award.

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Representing Harmed Investors Nationwide

Although Greco & Greco is based in the Mid-Atlantic Region, our attorneys represent harmed investors against their stockbrokers and financial advisors Nationwide. For promising cases, we will fly to meet with potential clients at our own cost.