Former Major League Baseball player Douglas Mirabelli and his wife, Kristin Mirabelli, hit a home run in an arbitration dispute with Merrill Lynch this week when a panel ordered the firm to pay the couple more than $1.2 million.
The amount of the award, which was decided by a FINRA panel earlier this month, includes $800,219 in compensatory damages, plus 6% annual interest from July 26, 2010 until the award is paid. It also includes $47,340 in costs and $391,474 in attorneys’ fees. Other relief, including punitive damages, was denied.
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