Case Results

The attorneys at Gana Weinstein LLP have the experience achieving the results our clients need.

$7.8 Million Class Action Settlement. Sterling v. Strategic Forecasting, Inc., 12-CV-00297. Successfully brought a class action against a global security analysis company in the Eastern District of New York.

$4.9 Million FINRA Arbitration Award. Shea v. Windsor Street Capital, LP, FINRA Case Number 17-00360. Represented a famer and his wife in Wisconsin in a churning case whereby the broker earned over $1 million in commissions in just over one year.

$4.5 Million Federal Court Judgment. Capital World Trading, LLC v. Next Up Funding, Inc. et al., 11-CV-04136. Represented a trading firm in a Ponzi scheme case in the Southern District of New York.

$4.3 Million FINRA Arbitration Award. Benedetto v. First Allied Securities, Inc, et al., FINRA 16-01293. Represented a group of investors in a suitability claim related to the sale of private placements.

$4 Million Settlement. Secured settlement on behalf of multiple investors that opted out of a large class action against a large mutual fund. Settled after briefing a motion to dismiss in Colorado state court.

$3 Million FINRA Arbitration Award. Barzelatto v. Spire Securities, LLC, FINRA Case Number 16-01018. Represented over 24 investors in a hearing that lasted over 6 months. The case related to a the supervision of a complex Ponzi scheme.

$2.9 Million Arbitration Award. Jacobs v. Van Zandt, et al., FINRA Case No. 12-00156. Secured a FINRA award on behalf of a group of investors for claims related to selling away and fraud.

$2.62 Million Arbitration Award. Bruce Wilkerson v. Resource Horizons Group, LLC, FINRA No. 14-00904. Obtained a FINRA judgment against a broker-dealer for failing to supervise the fraudulent activity of its broker.

$2.5 Million Settlement. Represented an individual against a registered investment advisor for breach of their fiduciary duties in AAA arbitration. Claimant alleged that the firm engaged in self-dealing by making investment recommendations to the client in which the firm maintained a financial interest. For one such recommendation, the advisor contracted with the issuer to raise a specific sum of money from its advisory clients and received fees for its services while failing to disclose this arrangement to the firm’s clients. The case settled one day before the hearing was set to begin.

$1.5 Million Federal Court Judgment. Yadav, et al. v. Punj, et al., 11-CV-1500. Successfully brought a summary judgment motion on behalf of a family of investors against a commodities trader for fraud, breach of contract and unjust enrichment.

$1.3 Million Settlement. Represented a group of high-net worth individuals against a broker for the unlicensed sale of securities. Settled after three days of hearings in FINRA.

$1.25 Million Settlement. Obtained a settlement on behalf of multiple investors in a complex FINRA arbitration related to a brokerage firm's failure to supervise the conduct of its associated member broker.

$1.25 Million Settlement. Represented former owners of a high-end textile company for breach of contract against the company’s current owners. Settled after the completion of discovery.

Defeated a Motion to Dismiss. Successfully defeated a motion to dismiss in a $56 million breach of contract claim on behalf of a pharmaceutical company.

Confidential Settlement. Secured multiple settlements after successfully representing two community banks in a mutual fund fraud litigation and arbitration. Settled after successfully arguing against the fund’s motion to dismiss.

$455,000 FINRA Award. Steinkirchner v. McGinn, Smith & Company, Inc., FINRA Case No. 08-04216. Obtained full out of pocket losses for a Florida resident. The panel found respondent engaged in self-dealing and that the firm failed to properly train and supervise claimant’s broker.

$400,000 FINRA Award. Nicholas Barnes v. Fidelity Brokerage Services, LLC, FINRA No. 14-00401. Obtained award on behalf of former Fidelity broker for lost wages. After hearing evidence that Fidelity failed to supervise the licensing requirements for their broker causing multiple state disciplinary actions against the broker and harming his career prospects the panel awarded damages.

$210,000 FINRA Award. Wyatt et al. v. Morgan Keegan and Company Inc., FINRA Case No. 08-04956. After hearing evidence of fraud and unsuitable investment strategy, the panel awarded claimant her full principal loss.

$196,204 AAA Award. TapImmune, Inc. v. Michael Gardner, ICDR Case No. 50-20-1300.  Successfully represented a clinical-stage immunotherapy company in a claim for fraudulent inducement and defended the company in a breach of contract claim.

$122,000 FINRA Award. Pasternack v. UBS Financial Services, FINRA Case No. 08-03293. Claimant asserted that UBS violated the Investment Act of 1940 and committed fraud among other violations. After the hearing the claimant was awarded two-thirds of her losses plus statutory interest for seven years increasing her recovery to approximately 122% of her losses.

$100,000 FINRA Award. Crouch et al. v. COR Clearing, et al., FINRA Case No. 15-00963. Claimants asserted that the Respondents were involved in a multi-national pump and dump scheme.

$90,000 FINRA Award. Carthew v. Gretchyn et al., FINRA Case No. 09-01178. After a full evidentiary hearing a panel awarded claimant approximately 85% of his losses. Claimant alleged that the respondent churned and excessively traded his account.

$32,000 FINRA Award. Root v. Ameriprise Financial Services, Inc. FINRA Number 15-00363. Secured an award of 100% of client's out of pocket losses based on the misrepresentations of a broker. Claimant alleged that the broker lied about the viability of a real estate investment trust (REIT).