Investors Arbitration Specialists

• FINRA Rules for SECU in Estate Case

  By Michelle A. Samaad  |  April 6, 2011

  After hearing both sides, a Financial Industry Regulatory Authority panel recently denied all claims made by the estate that was seeking more than $2 million against an investment adviser that worked for a broker-dealer acquired by SECU Brokerage Services Inc.

• FINRA Weeds Through Brokerage Case With CU Ties

  By Michelle A. Samaad  |  February 23, 2011

  The Financial Industry Regulatory Authority may have a hard time deciding whether a defunct credit union-owned brokerage firm

• Eight Hearings Scheduled for SECU Brokerage Case

  By Michelle A. Samaad  |  February 10, 2011

  On Feb. 21, a Financial Industry Regulatory Authority panel will hear the matter between SECU Brokerage, LPL Financial Corp. an investment adviser and a trust that claims its deceased client suffered losses after an alleged failed real estate investment.

• Widow's Failed Brokerage Account Causes Finger Pointing

  By Michelle A. Samaad  |  January 26, 2011

  The $21 billion State Employees' Credit Union is in the middle of a legal quandary involving a widow who opened up a failed brokerage account with a defunct, credit union-formed broker-dealer and investment firm.

• North Carolina's SECU Responds to Brokerage Account Complaint

  By Michelle A. Samaad  |  January 18, 2011

  A case involving a widow who opened up a brokerage account with the defunct, CU-formed XCU Capital LLC, its shell later bought by State Employees' Credit Union, is in the middle of a regulator and legal quagmire.