Home

Couple Awarded Full Recovery for Investment Losses; Sister Victimized by Stockbroker Brother
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

Following a claim filed by the law firm of securities fraud attorney Mark A. Tepper, a former school teacher and her husband, who had been victimized over a 3-4 month period by her brother, stockbroker Kenneth Popek, have been awarded full recovery of all losses plus interest, attorney fees, forum fees and costs by a FINRA arbitration panel.

The couple suffered a nearly 80 percent investment loss while their portfolio was under management by Popek and Tampa based brokerage firm Calton & Associates, Inc.

Punitive damages against the brokerage firm were also awarded by the arbitration panel. “Calton’s failure to detect Respondent Popek’s wrongful conduct and failure to supervise the investments in Claimants’ accounts rose to the level of gross negligence pursuant to Florida Statute 768.72,” the arbitration panel noted.

  
What
Where


“Brokerage firms are the last line of defense against stock broker misconduct and when that protection fails, investors can be the victimized. We’re very pleased with the finding by FINRA’s arbitration panel in favor of our clients,” Tepper said.



 

RELEVANT JOBS

Associate Attorney

USA-MN-Minneapolis

This position involves significant daily contact with clients and regular contact with outside attor...

Apply now

Intellectual Property Legal Administrator, Office of General Counsel

USA-MA-Brookline

Intellectual Property Legal Administrator, Office of General Counsel Dana-Farber Cancer Institute ...

Apply now

Administrative Assistant / Paralegal

USA-IL-Chicago

Administrative Assistant / Paralegal Job Description: * Provide administrative and paralegal s...

Apply now

Litigation Attorney

USA-CA-Los Angeles

Excellent opportunity for a full-time, experienced litigation attorney (minimum 5 years) to join our...

Apply now

BCG FEATURED JOB

Locations:

Keyword:



Search Now

Litigation Associate Attorney

USA-FL-Saint Petersburg

Saint Petersburg office of a BCG Attorney Search Top Ranked Law Firm seeks litigation associate atto...

Apply Now

Litigation Associate Attorney

USA-NV-Las Vegas

Las Vegas office of a BCG Attorney Search Top Ranked Law Firm seeks litigation associate attorney wi...

Apply Now

Immigration Attorney

USA-CA-Los Angeles

Los Angeles office of our client seeks immigration attorney 3-5 years of experience. The candidate w...

Apply Now

Most Popular

SEARCH IN ARCHIVE

To Top