Browsing Category "Marc’s Blog"

Wells Fargo prevails in a promissory note case, or did they?

Wells Fargo prevails in a promissory note case, or did they?

Posted by on Jul 25, 2013 in Marc's Blog

Remember the case I was ranting about? The one where Wells Fargo’s lawyers billed for ridiculous tasks and ridiculous amounts of time. They can be found here and here. Well, the award came out. My client was ordered to pay […]

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Welcome to the party, Ken Abbas (real name Kumail Abbas) from C.K. Cooper & Co., Inc.

Welcome to the party, Ken Abbas (real name Kumail Abbas) from C.K. Cooper & Co., Inc.

Posted by on Jun 27, 2013 in securities, Securities Regulation, Stockbroker issues

Dear Ken Abbas – As promised, I am mentioning your name in my blog. Unlike you, I like to tell people the truth. You see, you told me that we spoke in October of last year. We never spoke and […]

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A farewell to a truly great guy, Boyd Page

A farewell to a truly great guy, Boyd Page

Posted by on Jun 20, 2013 in Marc's Blog

Before I was even a lawyer, I had heard of Boyd Page. Boyd had stepped into a case toward the very end and kicked our lawyer’s butt into the Gulf of Mexico. We later learned that, as to the central […]

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Further proof of the toothlessness of corporate billing policies.

Further proof of the toothlessness of corporate billing policies.

Posted by on May 22, 2013 in arbitration, securities, Stockbroker issues

We are continuing to analyze Wells Fargo’s counsel’s bills. Aside from identical billing entries for both identical or differing amounts, it seems that the firm may have figured out a way to recoup its investment, then waste it, on electronic […]

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Florida Supreme Court rules – Statute of Limitations Applies to Securities Arbitration

Florida Supreme Court rules – Statute of Limitations Applies to Securities Arbitration

Posted by on May 21, 2013 in Marc's Blog

The application of a limitations period in arbitration has always been a source of controversy. FINRA has its famous “six year rule.” But other than that, there didn’t seem to be much order when it came to applying a time […]

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Corporate Billing Policies – Proof They are a Joke.

Corporate Billing Policies – Proof They are a Joke.

Posted by on May 20, 2013 in arbitration, securities

Within the last 20 years, corporate billing policies have become much more prevalent. This was a result, in my opinion, of lawyers and law firms becoming pigs and billing for ridiculous things and outrageous amounts. Most law firms, chastened by […]

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The latest cold call cowboy – Spencer Trask & Co.

The latest cold call cowboy – Spencer Trask & Co.

Posted by on May 15, 2013 in Marc's Blog

Again, someone didn’t do their homework. This time it was Thomas Charpie from Spencer Trask Ventures, which is related to Spencer Trask & Co.. He introduced himself then told me that his firm works exclusively with attorneys. I told him […]

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Things I learned at an arbitration with Wells Fargo Advisors last week.

Things I learned at an arbitration with Wells Fargo Advisors last week.

Posted by on May 15, 2013 in arbitration, securities, Stockbroker issues

As you might know, I handle a lot of securities arbitrations. I usually end up learning a thing or two during the course of the arbitration. I thought I’d share some things with you. 1 – Wells Fargo Advisors does […]

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Can cold callers read?  Note to John Carris Investments: You can stop calling me, too.

Can cold callers read? Note to John Carris Investments: You can stop calling me, too.

Posted by on Apr 10, 2013 in Marc's Blog

So last week I wrote about my conversation with Joseph Gunnar Investments in New York. I don’t like getting cold called. At the end of the piece, I wrote that my phone logs showed calls from John Carris Investments. Another […]

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I am not immune to cold calls. Note to Joseph Gunnar, stop calling me.

I am not immune to cold calls. Note to Joseph Gunnar, stop calling me.

Posted by on Apr 1, 2013 in FINRA, Investment Advisors, Stockbroker issues

I’ve been getting cold calls lately. I don’t know what list I got on, but they’re a pain in the neck. First of all, it’s never a large wirehouse broker who calls. It’s always some guy with a New York […]

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