A former Merrill Lynch advisor who worked at the firm for 35 years lost a $5 million arbitration case seeking damages for libel and other misconduct against Merrill Lynch as well as the expungement of a client complaint that was later withdrawn.
While an arbitration panel denied advisor Charles Doraine's request for damages, it found the client's withdrawn complaint was based on misinformation and ordered an expungement of Doraine's record.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