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2002



November

Brokerage Firms to Pay $8.3 Million for Failure to Keep Emails
Defamed Stockbroker Recovers $1.15 Million against Former Brokerage Firm
SEC Sues Beacon Hill Asset Management, in Latest Hedge Fund Debacle
Rich Investors Fault Input by Advisers

October

Massachusetts Attorney General Claims CSFB Stock Reports Misled Investors

September

Salomon Smith Barney Fires Its Chief Investment Banker
Merrill Lynch Ordered To Pay $7.7 Million To Customers

August

Analyst Grubman Quits Salomon Smith Barney
Merrill Lynch to Pay $500,000 Penalty Due to Acts of Broker John David
Merrill Lynch Found Liable For $3 Million In Case Involving Faulty Employee Stock Option Advice
Clearing Firm JB Oxford Found Liable to Customers For $3 Million
Merrill Lynch Settles Another Pension Fund Mismanagement Claim For Millions
NASD Prepares Action Against Salomon Analyst Jack Grubman

June

Salomon Smith Barney's Knowledge of Worldcom's Financial Reporting to be Scrutinized
NASD Quickly Fines Piper Jaffray for Research Improprieties

May

Merrill Lynch Stocks at Issue in the New York Attorney General's Investigation
NASD Regulation Fines Hornblower & Weeks, Inc.
Prudential Securities Receives the Most Customer Complaints
NASD Expels Barron Chase Securities
NYSE Bars Ex-Lehman Brothers Broker Gruttadauria

April

PaineWebber Settles Pension Fund Dispute with Nashville

February

Even Rambo Seeks To Recover His Investment Losses
Lehman Brothers Broker Investigated for Misappropriating $25 Million

January

New York Federal Court Affirms Arbitration Award Against Clearing Firm




   
 
 
 
 



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Sponsored by James J. Eccleston, an attorney representing stockbrokers, financial planners and investors nationwide in arbitration, litigation and regulatory matters, and a shareholder with the law firm Shaheen, Novoselsky, Staat, Filipowski & Eccleston P.C.(www.snsfe-law.com). This Web site contains material of general interest. It is neither intended to, nor constitutes, either legal advice or investment advice. Always consult an attorney and/or investment advisor when building and protecting your wealth.

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