Posts Tagged: Vernon Litigation Group News

Limits needed on mandatory arbitration agreements: Give investors the power to choose again

Arbitration clauses in contracts between broker-dealers and investors have been the norm for more than 20 years. In 1987, a split and divided decision by the United States Supreme Court in Shearson/American Express v. McMahon determined that mandatory arbitration agreements between investors and financial institutions are enforceable. Since then, passionate debates have developed over the… Read more »

Vernon Litigation Group files multimillion dollar investor claim against Citi Smith Barney relating to municipal bonds and preferred stocks

Naples, Fla. — The Vernon Litigation Group law firm filed a claim against Citi Smith Barney today on behalf of a Naples couple who suffered millions in losses following their stockbroker’s  trades in the couple’s account without their permission and inappropriate investing activity in municipal bonds and preferred stocks.  Read More…