Fishman Haygood Obtains $1.1 Million FINRA Award
February 25, 2022
Fishman Haygood partners Lance McCardle and Jason Burge, with assistance from special counsel Lara Richards, obtained a $1.1 million FINRA award for Claimant Patrick Ridgeway, a UBS Financial Securities investor who was sold unsuitable investments in an over-leveraged managed account. The claimant asserted that UBS mismanaged his account for more than five years, citing breach of fiduciary duty, misrepresentation and nondisclosure, negligence and gross negligence, breach of contracts and warranties, violation of Mississippi Securities Act, failure to supervise, and control person liability in the complaint.
The six-day arbitration hearing was held in Jackson, Miss., and the FINRA award was released on February 16, 2022. Click here to read more in Financial Advisor magazine. The award was also covered by Financial Advisor IQ, Financial Planning, and Investment News.
Fishman Haygood represents individuals, companies, pension funds, hospitals, cities, and states in securities litigation and arbitration. The firm’s securities section regularly obtains successful results on behalf of investors suing large financial institutions who have mishandled their investments. Click here to learn more about the firm’s securities section and the types of cases we’ve represented.