Judge Recommends Court Deny Stifel’s Motion to Vacate $133M Award

You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. A U.S. district court magistrate has recommended that Stifel’s motion to vacate a nearly $133 million arbitration award be denied, according to a court filing.  The Financial Industry Regulatory Authority arbitration award, issued about a year ago, concerned former Stifel broker Chuck Roberts’ “investments in structured notes.” The firm argued that the clients were “sophisticated” and under ...