One of the problems of dealing with a small brokerage house is the likelihood that it will shut its doors and vanish as soon as it is sued by a client. Examples of such small houses are JP Turner, Joseph Stevens & Co. and Oppenheimer.  Over many years of practice, we have found that it is not always the size of the brokerage house that determines whether an arbitration  claim will be paid, but rather, whether or not the brokerage house is an ongoing concern. If it is, then the chances are that it will find a way to pay your claim, as the cost of continuing in business.

 If you suffered losses due to misconduct at a smaller firm and wish to discuss the matter, you may call us at 1-800-306-6010 or contact us online.