Brokerage Firm Disputes and FINRA Arbitrations

Brokerage firms are self-regulated through an organization entitled FINRA (Financial Industry Regulatory Authority). The association was created in 2007 and grew out of the National Association of Securities Dealers (NASD). Customers who have suffered investment losses on account of breaches of fiduciary duties, violations of the Texas Securities Act or the Securities Exchange Act, lack of suitability, churning to impose excessive fees, failure to supervise, selling away, misleading or absent investment disclosures, and other securities violations face difficult challenges, and many times, substantial damages. Burdine Wynne has successfully prosecuted securities claims resulting from customer disputes with brokerage firms and financial advisors. The firm routinely handles such claims before FINRA arbitration panels and has also successfully pursued breach of contract, negligence, and breach of fiduciary duty claims against brokerage firms in state and federal courts. 

David Wynne has also successfully defended investment firms before FINRA panels against claims for millions of dollars. 

Contact Burdine Wynne if you would like a free consultation regarding a FINRA arbitration. 



$39.6 Million unanimous jury verdict on behalf of Kuwaiti subcontractor in Assoc. Const. Co.WLL v. KBR, Inc. in a complex contract dispute

$32.5 Million mediated settlement in 3CI, Inc. v. Stericycle, Inc., a minority shareholder class action lawsuit

$8.2 Million unanimous jury verdict on behalf of oil and gas firm against the Railroad Commission of Texas and plugging contractor Superior Energy Services for the wrongful plugging and abandonment of an orphaned offshore gas well

$5 Million arbitration award in Buffalo/Alabama Apartments Ltd. v. Steadfast Ins. Co. professional negligence by engineers

Successful Confidential Recovery Rathborne Properties, LLC, et al v. ExxonMobil Corporation, et al, NORM contamination suit – damages claimed in excess of $100 Million

Hundreds of Millions of dollars collected in confidential settlements and verdicts against some of the largest companies and most prestigious law firms in the country. The Firm has also defended clients against claims for hundreds of millions of dollars in the aggregate.

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1415 Louisiana St., Suite 3900 Wedge International Tower Houston, Texas 77002
Phone: 713.227.8835 - Fax: 713.227.6205