Brian Smiley spoke before the prestigious Annual Securities Litigation & Regulatory Practice seminar conducted by the ICLE. His topic was, “Arbitration Against Stockbrokers: The Machinist and the Millionaire.” His paper involved claims against investment professionals for failing to adequately diversify client portfolios.
Brian Smiley Speaks on Arbitration and Variable Annuities at NASAA and NAIC Seminar
Brian Smiley spoke before a joint training seminar conducted by state securities (NASAA) and insurance regulators (NAIC). Mr. Smiley’s topics included “Insurance and Securities Anticipated Scams” and “What Every Regulator Needs to Know About NASD Arbitration.”
Brian Smiley Authors Article in FINRA’s Official Arbitrator Publication
Brian Smiley co-authored an article for FINRA’s official publication for its arbitrators. The article, “Keeping the Arbitration Moving: Enforcing Discovery Deadlines and Legitimate Information Requests” emphasized the importance of arbitrators requiring parties to comply with discovery obligations and schedules. Brian’s co-author was Theodore A. Krebsbach, a well-known defense lawyer.
$700K Closes the Door on A.G. Edwards Fraud Case
Brokerage firm settles with state over sales practices at Proctor & Gamble plant in Augusta Brokerage firm A.G. Edwards & Sons will pay a $500,000 fine and reimburse the state $200,000 for its investigation into stock fraud, bringing to a close a case that resulted in the largest securities settlement ever in Georgia.
Panel Finds Brokerage Defrauded GA. Retiree
Large award for defrauded Proctor & Gamble worker. Fulton County Daily Report
Investors Growl as Bear Market Losses Sink In
Columnist Andrew Leckey cites Brian Smiley on a broker’s duties. Investing is not a game. That point is brutally driven home during every bear market, when dreams are shattered and investors doubt themselves, their brokers and even the financial system.
Heard Off The Street: Burned Investors Find Bear Can Bring Out Worst in Broker
Brian Smiley: “99 times out of 100, if a broker is liable, the firm is.” In the spring of 2000, just as the 2 1/2-year stock market slide was getting under way, Rickey Miller of Homer City was a little uneasy about his portfolio as he headed off on a cruise to Tahiti. So he […]
Old NFL Man Trusts His Money to Another But Soon Regrets It
The Wall Street Journal reports on large award for former NFL star represented by Mike Bishop and Brian Smiley ATLANTA — As a defensive end in the National Football League, Larry Roberts worried about blowing his newfound fortune. His pay had soared to $1.6 million, but he knew he had just a few years to […]
Josephthal Lyon, Ex-Broker Ordered To Pay $2 Million
Wall Street Journal reports on a multi-million dollar award for client arbitration represented by Brian Smiley. Josephthal Lyon & Ross and one of its former brokers must pay nearly $2 million in an arbitration case that alleged the former broker steered an investor to risky private-company investments without spelling out the risks.
Amateur Investors Often Make Ill-Advised Moves In Bumpy Market
Brian Smiley comments on mismarketed limited partnership investments. New York — Even Warren Buffett can blow it big-time with a rotten pick. Just ask him about the $358 million stake in USAir in 1989 that’s worth about half that today. If a current-day deity can blunder in placid markets, imagine the potential for crashing a […]
