Aidikoff, Uhl & Bakhtiari is an “AV” rated law firm with a national practice representing retail and institutional investors as well as municipalities and public companies. Attorneys for the firm regularly appear before the Financial Industry Regulatory Authority (FINRA) which was created in 2007 through the consolidation of the National Association of Securities Dealers (NASD) and New York Stock Exchange (NYSE) enforcement and arbitration divisions, as well as in numerous state and federal courts to resolve financial disputes between customers, banks, brokerage firms and other financial institutions.
Members of the national and local press have covered our attorneys on securities arbitration and securities litigation issues, some of which can be found at this site under the In The News section.
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- Finra Arbitrators to Get Pay Raise
- Arbitrators in disputes between investors and brokers will get more pay for their work, the brokerage industry’s self-regulator decided Thursday, people familiar with the matter said. Lawyers and arbitrators hope the pay rise, the first in 14 years, ...
- Finra Is Cracking Down on ‘High-Risk’ Brokers
- Under pressure from Washington to crack down on rogue stockbrokers, the Financial Industry Regulatory Authority is highlighting a fast-track program it began earlier this year to go after what it calls “high-risk brokers.” The results: Forty-two ...
- When brokerages look away from advisers’ shady pasts
- There are no second acts in American life unless you are a stock broker. Then, there can be third and fourth acts, too. Some brokers who get fired have no trouble getting a new job the next day. Others move from firm to firm, despite having regulatory ...
- Municipal Fixed Income Investments Containing Puerto Rican Bonds
- Aidikoff, Uhl & Bakhtiari is currently investigating certain municipal fixed income funds containing significant percentages of Puerto Rican bonds. The presence of these bonds in many mutual funds appears to have led the Secretary of the Commonwealth of Massachusetts to launch an investigation.
- LPL Financial, LLC Non-Traded REITs
- Aidikoff, Uhl & Bakhtiari announces the launch of an investigation of the sales practices of LPL Financial, LLC in recommending non-traded REITs to their clients. The investigation follows the recently filed complaint by the Commonwealth of Massachusetts Securities Division into similar non-traded REIT sales practices. The Massachusetts complaint charged LPL with dishonest and unethical business practices.
- JP Morgan Chase's Sale of Proprietary Mutual Funds
- After the 2008 financial crisis allegations have surfaced that JP Morgan Chase turned to ordinary investors to make up for profits lost by the bank. Some current and former brokers say it emphasized its sales over clients' needs. Financial advisers say they were encouraged, at times, to favor JPMorgan's own products even when competitors had better-performing or cheaper options.