Oppenheimer fails to overturn $36.7 million arbitration loss
The firm lost the huge arbitration decision, which was decided by a Finra panel, last year to eight investors who were sold a private equity fund by a former Oppenheimer broker, John Woods.
Oppenheimer & Co. Inc. at the end of January failed in its attempt to vacate or overturn in Georgia Superior Court a Finra arbitration panel award last year of $36.7 million.
Oppenheimer lost the huge arbitration decision, decided by a Financial Industry Regulatory Authority Inc. panel, in
Learn more about reprints and licensing for this article.
