Articles Posted in FINRA Arbitration Award

Arete Wealth Management Ordered to Pay $280,000 to GWG L Bond Investor in Latest FINRA Arbitration Award
Iorio Law PLLC

In another significant win for GWG L Bond investors, a FINRA arbitration panel has ordered Arete Wealth Management, LLC to pay $280,000 in compensatory damages to a harmed investor. The award, issued on August 11, 2025 (FINRA Arbitration Award No. 22-01257), marks the second time in as many years that the Chicago-based broker-dealer has been…

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UBS Hit with $92 Million FINRA Arbitration Award Over Risky Tesla Short Strategy
Iorio Law PLLC

On February 28, 2025, a FINRA arbitration panel delivered a staggering $92 million award against UBS Financial Services, Inc. and its broker, Andrew Burish, marking one of the largest investor victories in recent memory. The case, FINRA No. 21-00488, involved nine claimants who alleged that UBS and Burish mismanaged their accounts by recommending an unsuitable,…

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GPB Investors Have Won Monetary Awards in 10 of 11 Arbitration Cases This Past Year
Iorio Law PLLC

Over the past calendar year, GPB Capital investors have won over $2.4 million in monetary awards in 10 out of 11 (nearly 91%) arbitration claims that have proceeded to a final hearing. According to public records, many other claims filed against broker-dealers who sold the private placements offered by GPB Capital have been settled for…

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Client Reviews

August represented my associate and me in the GWG arbitration and accomplished what we thought was impossible. He successfully tracked down the elusive owner of a firm—who had sold the company shortly after our issue arose—and secured a fair settlement for us. Another law firm had already told me...

Allan F.

August Iorio is a wonderful, very competent attorney. He helped me through a very complicated financial situation to a result that benefitted me greatly. He is responsive, efficient, and very accommodating to my personal situation. I highly recommend him.

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I was impressed with August Iorio's directness and clarity in explaining the claim process and how it might work out. I also appreciated his promptness in getting back to me when I had questions or other concerns. The law firm is very good at what it does.

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August Iorio was the lead on our case. His professional demeanor, partnered with his responsiveness to our questions, suggestions, and ideas made us feel as if we were a team with a common goal. He always kept us updated and informed and gave us realistic expectations which resulted in a timely...

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