Glenn Davis and Charles Insler recently secured a FINRA arbitration award against a major national brokerage firm and its registered representative on behalf of the heirs of an elderly client who had suffered from dementia. The hard-fought case revolved around the sale of the elderly client’s entire position in a long-held stock, which generated significant unnecessary capital gains. The arbitration panel awarded the heirs substantial monetary damages, attorneys’ fees, refund of non-refundable filing fees, and all hearing fees in the multi-week arbitration. In addition, the panel declined to order expungement of the matter from the broker’s disciplinary record.
Davis, a partner in the firm’s St. Louis office, handles complex litigation and business counseling issues in a broad range of contexts. He also leads HeplerBroom’s HBCyberGroup. He is a Martindale-Hubbell AV Preeminent Attorney and a multi-year and multi-category recipient of Best Lawyers in America’s Lawyer of the Year award.
Insler, who is also a partner in the firm’s St. Louis office, focuses his practice on complex business issues, including securities litigation. He is also an accomplished writer whose works have appeared in both national and international publications.