Customers’ Failure to Comply with Discovery Orders Results in Dismissal and Sanctions
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By George H. Friedman, SAA Publisher & Editor-in-Chief

An All-Public Panel dismisses with prejudice a group of customers’ claims against Respondent broker-dealer and imposes monetary sanctions in the form of attorney fees pursuant to FINRA Rules 12212(c) and 12511 for their intentional disregard and failure to comply with the Panel’s Orders regarding the production of discovery in this matter.

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Certiorari Denied in Eleventh Circuit Case Finding Lack of Arbitrator Disclosure Did Not Warrant Vacatur
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By George H. Friedman, SAA Publisher & Editor-in-Chief

Certiorari has been denied in Grupo Unidos por el Canal, S.A. v. Autoridad del Canal de Panama,

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FINRA Board Met Earlier this Month. Approves New Arbitration Rule
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By George H. Friedman, SAA Publisher & Editor-in-Chief

The FINRA Board met earlier this month and approved rule changes codifying the voluntary program accelerating case processing for elderly or seriously ill parties.

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FINRA Publishes Reg Notice on Rule Change Proposal Implementing Arbitrator Selection Investigation Report Recommendations
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By George H. Friedman, SAA Publisher & Editor-in-Chief

FINRA has published a regulatory notice implementing on March 4 the Authority’s rule change proposal to implement recommendations resulting from the outside investigation of allegations that the arbitrator selection process was rigged.

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FINRA DRS Posts Stats Through October. Industry Cases are Surging
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By George H. Friedman, SAA Publisher & Editor-in-Chief

FINRA Dispute Resolution Services (“DRS”) has posted case statistics through October, with trends continuing to show a comparatively strong year in arbitration filings – especially industry cases – and a continued drop-off in mediations.

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FINRA Panel Gives Lengthy Explanation of Why it Awards More Than $1 Million to Customer
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By Harry A. Jacobowitz, Esq.

The Award, Inlow v Barrows, FINRA ID No. 22-01360 (Los Angeles, CA, Oct. 30,

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