A broker sued by a client typically has a lot of questions about rights and responsibilities. But none is more important than: Who is liable for my defense and for the possible damages that follow? What we're talking...
Wachovia's pending acquisition of Prudential Securities is a good news/bad news story for Pru brokers. First the good: As the closing of the transaction approaches, the most seasoned of Pru's brokers may be in the...
When a rep is laid off or changes firms, there's often a disagreement about how much she is due for her final months of work. You might think you need to hire a lawyer to maximize compensation. But even if a broker...
In this market, it is no wonder that customers are looking to recover losses any way they can. Even clients responsible for their own lousy picks are trying to pick the deep pockets of brokerage firms, claiming that...
