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Brokerage hit with triple damages in 95-year-old’s arbitration award

In a rarity, an arbitrator last month cited elder abuse in tripling the damages a discount-securities firm must…

In a rarity, an arbitrator last month cited elder abuse in tripling the damages a discount-securities firm must pay a 95-year-old client.

A Financial Industry Regulatory Authority Inc. panel awarded the elderly investor, David Wolfson, $1.6 million in a case involving StockCross Financial Se

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