Cozen O'Connor securities litigators Joe Dever, Calli Padilla, and Harper Seldin recently obtained a complete defense victory in a $2.4 million FINRA securities arbitration. Joe, Calli, and Harper represented a boutique investment bank that assists companies in raising funding by issuing private placement securities investments. The client was sued in January 2020 by a group of investors who invested in a start-up company that constructed large-scale greenhouses for the cannabis industry. Following the company's bankruptcy filing, the investors sued our client claiming that it failed to disclose that the company's CEO had been sanctioned more than 20 years earlier by the NASD and the state of Indiana securities regulators. Following a two-week in-person hearing, the three-member FINRA arbitration panel issued its final award ruling in our client's favor and denying all of the investors' claims in their entirety.
PRESS RELEASE
1 April 2022
Cozen O’Connor Secures FINRA Arbitration Win For Investment Bank
Cozen O'Connor
Contributor
Founded in 1970, Cozen O’Connor has more than 925 attorneys practicing internationally in 32 cities across North America and Europe. We are a full-service firm with award-winning practices in litigation, business law, and government relations, and our attorneys have experience operating in all sectors of the economy. Our diverse client list includes global Fortune 500 companies, middle-market firms poised for growth, ambitious startups, and high-profile individuals.
Cozen O’Connor securities litigators Joe Dever, Calli Padilla, and Harper Seldin recently obtained a complete defense victory in a $2.4 million FINRA securities arbitration.