An independent Ameriprise advisor fended off a $247,000 clawback sought by his former employer, Merrill Lynch, according to a FINRA arbitration panel's decision made in his favor this week.
After determining that Merrill had wrongfully terminated advisor Rene Espinoza, the panel also ordered the expungement of his U5 form on his BrokerCheck record.
Register or login for access to this item and much more
All On Wall Street content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access