Are you a financial advisor with an erroneous U-5 entry? Do you need an experienced securities employment attorney to help you clean up your employment record? If so, The White Law Group may be able to help.
As FINRA has stepped up its regulatory functions in recent years, broker-dealers are now feeling the heat to report everything to assure compliance with both U-4 and U-5 disclosure requirements. This has resulted in brokerage firms disclosing the most innocuous details regarding an employee’s departure from the firm. These details can have a significant impact on a financial advisor’s ability to find employment with another broker-dealer. Even a simple “Yes” indicating a pending investigation at the time of termination can negatively affect a broker’s ability to get a job with a new firm. Additionally, if these statements are not completely accurate, they may lead to legally viable claims for defamation, wrongful termination, retaliation, or discrimination.
The White Law Group represents brokerage firm employees whose former employers improperly placed derogatory or inaccurate statements on their U-5 termination forms. To speak with a securities employment attorney regarding your legal rights, please call the firm’s Vero Beach office at 772-242-9330.
The White Law Group, LLC is a national securities arbitration and securities regulation/compliance law firm with offices in Chicago, Illinois and Vero Beach, Florida.
For more information on The White Law Group, please visit our securities website at http://www.whitesecuritieslaw.com.