An Experienced Law Firm |
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Greco & Greco’s attorneys have extensive experience representing both sides of disputes between investors and their stockbrokers in arbitration, state courts, and federal courts. The firm has represented investors against stockbrokers and brokerage firms, defended brokers and brokerage firms, and represented brokers in employment disputes with their brokerage firms. We use this experience to diligently pursue recovery of investors' losses resulting from securities fraud, churning, lack of suitability, negligence, unauthorized trading, and other unlawful actions of stockbrokers and brokerage firms. If you feel that you may have a claim, please contact us for a free consultation. |
Nationwide practice,
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Recent AwardsREQUIRED DISCLAIMER: CASE RESULTS DEPEND UPON A VARIETY OF FACTORS UNIQUE TO EACH CASE AND DO NOT GUARANTEE OR PREDICT A SIMILAR RESULT IN ANY FUTURE CASE UNDERTAKEN BY THIS FIRM. GRECO & GRECO OBTAINS $3.24 MILLION ARBITRATION AWARDGreco & Greco recently obtained a 3.24 million dollar arbitration award on behalf of a retired Northern Virginia man against his stockbroker and brokerage firm. The case involved churning, unauthorized margin trading, unsuitable recommendations, and securities fraud. In addition to $1,003,725 in compensatory damages, the arbitration panel awarded $1,300,000 in punitive damages, $774,863 in attorneys fees, and pre-award interest. Read the NASD award or read the Virginia Lawyers Weekly article about the case. LOSSES AND ATTORNEYS’ FEES RECOVERED FOR NORTHERN VIRGINIA COUPLEGreco & Greco represented a retired Northern Virginia couple in a NASD arbitration seeking the recovery of savings lost by their stockbroker which they had intended to use to buy a new house. The broker had invested all of their life savings and house sale proceeds in the stock market through the use of a money manager. The arbitration panel awarded the couple $195,000 in damages (an amount higher than their out-of-pocket losses), $65,000 in attorneys’ fees, and interest from July, 2003. Read the NASD award. REGISTERED REP AWARDED BACK COMMISSIONS OWED FROM SPLIT FEE AGREEMENTGreco & Greco’s client in this case was a Norfolk, Virginia broker who had agreed with his partner to set up introductory meetings with institutional clients and to subsequently split the fees earned from these clients. An NASD arbitration was filed seeking the broker’s share of commissions which were not correctly split and paid. The arbitration panel awarded $509,732 in back commissions and interest to Greco & Greco’s client. Read the NASD award. INVESTMENT LOSSES RECOVERED FOR DISABLED CHARLOTTESVILLE WOMANAn NASD arbitration panel in Richmond recently awarded a disabled Charlottesville, Virginia woman represented by Greco & Greco all of her losses in her investment account ($60,530) plus interest. Her brokerage firm had unsuitably invested her account aggressively in growth stocks despite the woman’s need for income from the account for living expenses for the rest of her life. Read the NASD award. |