TRADER LOSES $120,000 but TD Ameritrade refuses to honor their policy of making customers whole ….

Former TD Ameritrade Employee Wins $1 Million Settlement from TD Ameritrade

An employee of TD Ameritrade in the U.S. was awarded a $1 million settlement to cover unspecified damages, unpaid wages and bonuses and other complaints (In the Matter of the FINRA Arbitration Between Amir Ali Monsefi,Claimant, vs. TD Ameritrade, Inc., Respondent(FINRA Arbitration 09-06492, September 6, 2011)).

In a Financial Industry Regulatory Authority (“FINRA”) Arbitration Statement of Claim filed in November 2009, Claimant Monsefi sought to recover unspecified damages, unpaid wages, bonuses, interest, and other relief based upon allegations including breach of contract; interference with economic relations; Wages and Labor Code violations; fraud; and unfair business practices relating to the termination of his employment by Respondent TD Ameritrade

See On Finra Site



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