Areas of Practice

Employment Litigation

Call 800-718-1422 or email [email protected]

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Employment Litigation

Not surprisingly, the financial securities industry is a hotbed for employment litigation. Brokerage firms routinely use the FINRA arbitration process to sue former employees who have defaulted on promissory notes. Again, not surprisingly, when promissory note cases are filed, they are often met with counterclaims, alleging some sort of employment claim.

When a FINRA registered individual’s employment with a member firm terminates, the member firm is required to file a Form U5. This form reflects whether a termination was voluntary or involuntary, and if the latter, the reasons for the termination.  When the stated reasons for termination are untrue, the individual may consider suing the former employer for defamation. In addition to suing for damages, the individual may initiate FINRA arbitration proceedings for the purpose of getting the termination language changed.

We limit our employment practice to cases related to the financial services sector.  We represent financial advisors, branch office managers, compliance personnel, and all other FINRA registered individuals.  Our cases include claims for Wrongful Termination, Defamation, Breach of Contract, Fraud, Negligent Misrepresentation, Promissory Note Defense, Contribution Claims, Indemnification Claims, and Whistleblower Claims.

David Weintraub has more than 30 years’ experience litigating the most complex commercial cases.  He welcomes the opportunity to meet with you.

Areas of Practice

  • Securities Litigation and Arbitration

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    Securities Litigation and Arbitration

    Unfortunately, not all Stockbrokers and Investment Advisors are ethical and trustworthy. Many of them take advantage of trusting people. That is where we come in. Read More

  • FINRA Investigations

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    FINRA Investigations

    The Financial Industry Regulatory Authority, Inc., aka FINRA, is the largest independent regulator of securities firms doing business in the United States. Read More

  • Elder Exploitation

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    Elder Exploitation

    Elder Exploitation is a form of abuse that occurs when a person, most often a relative or a professional such as a financial advisor, exploits an elderly person (age 65 and older) or a disabled adult. Read More

  • Commercial Litigation

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    Commercial Litigation

    Commercial litigation is a broad term that describes virtually every type of dispute that may arise in a business context. Common examples of commercial litigation include breach of contract, partnership disputes, class actions, and shareholder issues. Read More

  • BrokerCheck Expungements

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    BrokerCheck Expungements

    The CRD is a registration and licensing system that contains disclosure and administrative information on brokerage firms, as well as individuals who dispense investing and financial advice. Read More

  • Employment Litigation

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    Employment Litigation

    Not surprisingly, the financial securities industry is a hotbed for employment litigation.  Brokerage firms routinely use the FINRA arbitration process to sue former employees who have defaulted on promissory notes. Read More

ALL PRACTICE AREAS