Finra arbitrators order Cetera to pay fired broker $3 million
Gerald J. Fasanella alleged that the firm had conducted a “pre-meditated scheme to defame” and fire him.
Cetera Advisors must pay more than $3 million to a broker it fired in 2019 after Finra arbitrators found the firm was liable for wrongful termination.
In July 2019, Cetera dismissed Gerald J. Fasanella over allegations that he had made unauthorized trades in customer accounts. Fasanella filed an
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