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Monthly Archives: February 2013

FINRA Ruling on Class Action Waivers

On behalf of Thomas Costello of Costello Law Group A FINRA arbitration panel has dismissed an action by FINRA regulators to prohibit Charles Schwab Corp. from requiring customers to sign off on agreements which prohibit participation in judicial class actions. While the arbitration panel did find that Charles Schwab Corp.’s use of such […]

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Marital Deduction for Same-Sex Couples

On behalf of Thomas Costello of Costello Law Group  Although voters in Maryland and other states approved a referendum legalizing same-sex marriage last November, same sex couples’ future ability to take advantage of the marital deduction under Federal estate tax law is unclear. In Windsor v. United States, the surviving spouse in a same-sex […]

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FINRA files for Cease-and-Desist Order Against Westor Capital Group for Misappropriation and Misuse of Customer Funds and Securities

On behalf of Thomas Costello of Costello Law Group On January 23, 2013, the Financial Industry Regulatory Authority (FINRA) filed a temporary cease-and-desist order against Westor Capital Group (Westor) and its President, Richard Hans Bach, to immediately stop the further misappropriation and misuse of customer funds and securities. In addition to the cease-and […]

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