WEBINAR:"EMPLOYMENT-LIBEL OR SLANDER ON FORM U-5"
AS A FINANCIAL ADVISOR, YOUR GOOD REPUTATION IS CRITICAL...
...and a defamatory Form U-5 can ruin it. If you're a licensed financial investment professional, your FINRA Form U-5 is essential to determine your future employment prospects. Unfortunately, many brokers deal with the consequences of Form U-5 defamation when leaving their employer. In such situations, the employer may make false and derogatory accusations that can irreparably damage your professional reputation.
AN DEFAMATORY U-5 ENTRY CAN RUIN YOUR REPUTATION AND CAREER
You can rest assured that any prospective employer in the financial industry is going to review your Form U-5 filed by your last firm. A compliance office at a gaining firm will never recommend hiring an FA or FS with a derogatory U-5, especially when the employee has been accused of violating investment-related rules or regulations.
KNOW YOUR RIGHTS IF YOU'RE THE SUBJECT OF FALSE AND DEROGATORY U-5 ENTRIES
Learn about the FINRA Dispute Resolution process and available remedies like expungement, compensatory damages, punitive damages, and more.
AS THE U-5 PREPARER OR APPROVER, KNOW THE COMMON PITFALLS THAT INCUR FIRM LIABILITY
Once a firm files its Form U-5, it is loath to change it. Seemingly, even when defamatory statements have been brought to their attention. Consequently, when FA's and other licensed individuals consult with us, the matter almost always requires FINRA arbitration to resolve the dispute, costing the firm money in outside attorney fees, paying our attorney fees incurred by the client, compensatory damages for lost income/wages, and in some cases even punitive damages. Get it right the first time, and injure neither the FA or the firm.
SHARE IN THE KNOWLEDGE AND EXPERIENCE OF TWO ATTORNEYS THAT HAVE SUCCESSFULLY
We have one awards for money and expungement on nearly every case that we have handled for defamed licensed financial professional, recovering more than $2M from brokerage firms. We have successfully handled arbitration cases for our clients against Merrill, Wells Fargo Advisors, JP Morgan Chase, Ameritas, HSBC, and others in arbitrations held in Los Angeles, Philadelphia, Chicago, Baltimore, and Washington D.C.
About Us
Marc Schifanelli
I am a practicing attorney, an author, and a retired U.S. Army Special Forces operator and warrant officer. I earned my BA in Government & Politics, graduating with honors magna cum laude, from the University of Maryland at College Park, and my law degree from Maryland Law. I served as a member of the Board of Education for my local school district between 2020 and 2024.
Gordana Schifanelli
I'm a practicing attorney, a licensed financial advisor and an author on economics. I earned my undergraduate and master's degrees in Economics and International Finance from the University of Belgrade, and a law degree from the University of Baltimore School of Law. I taught Financial Markets and Law & Economics at the U.S. Naval Academy for many years as an adjunct professor. In 2022 I was nominated as the Republican candidate for Lieutenant Governor of Maryland.