Approximately two-thirds of all securities arbitrations are between broker-dealers and their clients. The most common allegations of misconduct by a broker or a brokerage firm are:
- Account overtrading (churning)
- Unauthorized trading
- Market manipulation
- Mutual fund share class violations
- Breach of fiduciary duty
- Omission of facts
- Breach of contract
- Failure to supervise
Mr. Ebaugh’s notable representation in this practice area include the following:
- Co-counsel for 31 investors in an ad hoc arbitration against two limited liability companies and their managers. Claims include fraud, breach of fiduciary duty, and unjust enrichment.
- Obtained a $449,603 arbitration award for a limited partnership which had alleged a breach of fiduciary duty claim against its broker-dealer.