Most matters in controversy are settled long before they reach the doors of the arbitration hearing room. Certain cases, however, must be arbitrated. The Coleman Law Firm is no stranger to that process. When most cases resolve by settlement, it is done on a confidential basis, so little comment can be made on this website about settlements. The following is a list of some of the cases that went to final hearing:
- Richard Alan Kess — arrested and held at the Pinellas County Jail on $50,000.00 bond after stealing $500,000,00 from his elderly mother while he acted as trustee of her estate for two years. Tampa Bay Online Article
- Resolved multiparty litigation regarding private placement investments.
- (Confidential Settlement) Retired Schoolteacher recovers over $180,000.00 after her Financial Advisor invests her life savings in illegal, unregistered securities.
- (Confidential Settlement) Significant recovery for beneficiary damaged by broker’s negligent filling out of forms.
- Established over 1 million dollars of claims in Viatical Recovery Program.
- Circuit Court action brought seeking distribution and receipt of assets belonging to the Estate which resulted in obtaining assets in the amount of $200,000.00 plus for the Personal Representative.
- Retired couple at ages eighty-five (85) and eighty-seven (87) sue and win FINRA Award against Wall Street Strategies, Inc. and their registered Representatives, Garry Savage, Sr. and Garry Savage, Jr., for placing the retired couple in illiquid, unsuitable, and speculative investments exhausting their lifetime savings. Filion Arbitration Award
- Eighty-year-old (80) retiree, with his wife and his fifty-five-year-old (55) son, sue Omni Brokerage and its former representative, Dan Werry, for selling them worthless investments in Cabot Investment Properties, LLC., resulting in a judgment in the amount of $900,000.00 against Omni Brokerage. Whitmore v. Omni Brokerage, Inc.
- NASD Awards retired couple in an unrated Municipal Bond over concentration case against Lawson Financial Corporation. Beinhauer Arbitration Award
- Retired nurse victorious in suit against Aragon Financial Services, Inc. in sale of promissory notes. Massaro Arbitration Award
- Claimants win over $1.3 Million case against internet giant E*Trade Securities LLC PLUS Attorney’s Fees and Costs. Nash Arbitration Award
- Widow victorious over Summit Brokerage Service, Inc. as FINRA Panel determines Summit liable for negligence and negligent supervision. Owen Arbitration Award
- 77 year old retired teacher sues and wins FINRA Award against internet powerhouse TD Ameritrade for negligent supervision, negligence, and most importantly, violation of industry standards. Pappy Arbitration Award
- Retired Eastern Airline employee and his wife take on Merrill Lynch in annuity dispute and prevail. Starnes Arbitration Award
- Tampa Bay HVAC Pension Plan recovers losses plus costs, attorneys’ fees and over $200,000.00 in punitive damages. Cox HVAC Pension Plan v. Salomon Smith Barney Award Cox Arbitration Award
- 80-year-old restaurateur recovers over $300,000 in damages from A.G. Edwards for broker misconduct. Barsion v. A.G. Edwards & Son Award, Barsion v. A.G. Edwards & Son Arbitration Award
- Variable Annuity abuse leads to an arbitration award against J.B. Hanauer in excess of $200,000.00. Estate of Stephen A. Lysk v. J.B. Hanauer Award, Lysk v. J B Hanauer Arbitration Award
- Fort Lauderdale Investor recovers principal plus $50,000.00 punitive damages from Sunpoint Securities. Jackson v. Sunpoint Securities Awards
- Circuit Court Judge gives relief to Palm Harbor widow exceeding $200,000.00 against NTG Holdings and Randall Prince. Booth v. Prince Arbitration Award
- Defrauded group of investors to recover $100,000.00 from the Florida Securities Guaranty Fund. Florida Securities Guaranty Fund.In March of 2002, the State of Florida qualified a group of Port St. Lucie investors to recover $100,000.00 from Florida Guaranty Fund for fraudulent activity of a broker
- Retiree recovers $63,000.00 from broker who invested $73,000.00 in Limited Partnerships sold through Aragon Financial services. Dugan v. Aragon Financial Services
- Retiree sues Raymond James, and wins full amount requested. Ganninger v. Raymond James Award
- Palm Harbor Hairdresser awarded over $150,000, plus attorney’s fees in 2004 Arbitration case against Weatherly Securities and Michael McNulty. Timmerscheidt v. McNulty NASD Award Timmerscheidt Arbitration Award
- Unlicensed Securities salesman, John Tsavaris, found guilty of selling unlicensed investments, and later goes to jail for non-compliance with Court Order. Somocurcio And Staples v. Tsavaris and Weitzel
- Limited Partnership investors received judgment in the amount of nearly half a million dollars against Aragon Financial Services. Conrad Trust v. Aragon Financial Services
- Sterling Enterprises Group, Inc. and Retirement Securities, Inc. found liable to claimants for over $900,000.00 plus attorney’s fees and costs. Sterling Enterprises Group, Inc. and Retirement Securities, Inc.
- Raymond James Financial Services found liable for violation of Florida Statutes §517.301, negligent supervision, and common law negligence and awarded claimant nearly $450,000.00 plus attorney’s fees. Raymond James Financial Services
