Former UBS RR Sues Firm For Over $22 Million
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Nov 1, 2010 2:43 pm
Did You Hear About The FINRA Arbitration Claimant
Seeking Over $22 Million in Damages? http://www.brokeandbroker.com/index.php?a=blog&id=614 How's this for a teaser?
$112,500.00 for 39 weeks of salary;
$16,000,000 in damages for unpaid bonus;
interest, attorney's fees and costs under ERISA and New York Labor Law; and
liquidated damages of 25% of the amounts wrongfully withheld under the New York Labor Law.
Seeking Over $22 Million in Damages? http://www.brokeandbroker.com/index.php?a=blog&id=614 How's this for a teaser?
Claimant Finkelstein sought
$6,250,000.00 compensatory damages for failure to pay severance;$112,500.00 for 39 weeks of salary;
$16,000,000 in damages for unpaid bonus;
interest, attorney's fees and costs under ERISA and New York Labor Law; and
liquidated damages of 25% of the amounts wrongfully withheld under the New York Labor Law.
In the Matter of the Arbitration Between Stephen P. Finkelstein, Claimant vs. UBS Global Asset Management (US), Inc. and UBS Securities LLC, Respondents (FINRA Arbitration 08-04888, October 20, 2010)
READ THE OUTCOME AT:
http://www.brokeandbroker.com/index.php?a=blog&id=614