Over nearly two decades in securities arbitration, Andrew M. Greenidge has represented investors in high-stakes disputes against major brokerage firms, advisory practices, and financial institutions nationwide.
Prospective clients may not obtain the same or similar results. The amounts shown below reflect gross recoveries before deductions for attorney's fees, expert witness fees, and forum costs. Every case is unique and must be evaluated on its individual legal and factual merits. Prior results do not guarantee or predict a similar outcome in any future matter.
Recovered on behalf of an elderly investor whose longtime financial advisor allegedly transferred approximately $9.4 million — more than 90% of his portfolio — into trust accounts without his knowledge or consent, then misappropriated at least $7.24 million through unauthorized transfers to entities he and a family member controlled.
Recovered on behalf of a married couple whose financial advisor allegedly transformed an approximately $17 million diversified portfolio into one heavily concentrated in risky, illiquid, high-commission private placements. Roughly $8.7 million was funneled into investments that produced little income and substantially declined in value, despite repeated assurances that principal was safe.
Recovered on behalf of a retired couple who entrusted more than $3 million in retirement savings to their advisor after being assured it would be managed conservatively. Instead, the advisor allegedly continued aggressive, high-risk trading — including substantial options positions — while concealing the resulting losses through repeated misrepresentations about their account value.
Recovered on behalf of an 83-year-old investor who invested more than $1 million of his retirement savings in private funds after allegedly being promised approximately 15% annual income. The investments produced little to no income, and repeated requests to withdraw the remaining principal were denied.
Recovered on behalf of a couple approaching retirement who invested $600,000 in a high-risk, illiquid private fund after allegedly being assured it was safe, asset-secured, and guaranteed an 11% return. The fund later stopped making interest payments, and the investors allegedly never received their principal back.
Recovered on behalf of an elderly retired engineer whose financial advisor concentrated the majority of his investable assets in risky, illiquid pre-IPO and private investment funds — allegedly inconsistent with his age, conservative investment history, liquidity needs, and retirement objectives.
Recovered on behalf of a 71-year-old retired motion picture industry professional whose financial advisor allegedly liquidated his entire blue-chip stock portfolio without authorization, despite repeated instructions that the longtime family holdings were not to be sold.
Recovered on behalf of a retired couple who were advised to invest in high-risk, illiquid non-traded REITs despite their moderate risk tolerance and capital-preservation objectives, allegedly misrepresented as safe investments that would return principal within a few years.
Recovered on behalf of a retired engineer and his wife whose advisor allegedly allowed their retirement portfolio to become 100% concentrated in speculative energy and fracking stocks, while they borrowed heavily on margin to cover living expenses. The portfolio declined from approximately $4.4 million to roughly $400,000.
Recovered on behalf of a married couple whose advisor allegedly concentrated substantial portions of their portfolio in speculative alternative investments inconsistent with their moderate risk tolerance. A private oil and gas investment — roughly half the husband’s liquid assets — became essentially worthless, while a subsequent investment in UDF IV suffered an 82% decline.
Recovered on behalf of a retired Boeing employee who was advised to use substantial retirement assets to purchase high-cost insurance products and illiquid alternative investments. Annual withdrawals from her IRA to fund life insurance premiums allegedly resulted in significant tax liabilities, lost tax-deferred growth, and investment losses.
Recovered on behalf of business owners whose financial advisor allegedly liquidated nearly their entire investment portfolio without authorization and contrary to explicit instructions regarding when the investments could be sold, causing the investors to miss subsequent portfolio appreciation.
Virtually every brokerage account agreement contains a mandatory arbitration clause requiring disputes to be resolved through FINRA Dispute Resolution Services rather than state or federal civil court.
FINRA arbitration is a specialized legal proceeding with its own distinct discovery rules, arbitrator selection protocols, and damage calculations. Having an attorney with deep insider knowledge of how defense firms evaluate claims is essential to maximizing your financial recovery.
The baseline measure of damage calculating the difference between your net capital investment and what you actually recovered.
Damages accounting for what your money would have earned had it been placed in suitable, market-appropriate investments.
Unwinding unsuitable transactions, returning principal invested, plus statutory interest and applicable fees.
We handle investor claims on a true contingency basis: if there is no recovery, you owe no attorney's fees.
FINRA claims are subject to strict eligibility time limits. A free, confidential consultation with Andrew M. Greenidge can help determine if you have a viable claim to recover your funds.
