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 http://finraawardsonline.finra.org/viewdocument.aspx?DocNB=49912

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s