Arbitration Award Causes Firm to File for Bankruptcy

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Arbitration Award Causes Firm to File for Bankruptcy

A Minneapolis broker-dealer named Fintegra filed for bankruptcy protection after it was found liable for $1.5 million in damages by a FINRA arbitration panel. The arbitration panel made the damage award based upon its findings of unsuitable investment sales and lack of proper supervision. The investment at issue is called Miasole Investments II. Fintegra employs approximately 140 financial advisors.

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By |2019-12-24T11:02:20-05:00November 24th, 2015|Securities|0 Comments

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