Nearly everyone knows that investing involves risk. So does Securities Arbitration. When the founder and principal of DobinLaw, Marc Dobin, first started working in the brokerage business as a legal assistant in a brokerage firm, the largest case in the office was $350,000. Due to the vast explosion of wealth in this country, people lose $350,000 all the time. That’s where the arbitration comes in.
Marc Dobin has represented brokerage firms and investors in Florida and across the country for over 30 years. He has won cases and lost cases. Unfortunately, nothing can be predicted to a certainty.
After working in securities arbitration for nearly 30 years, Marc has decided that his skills would be put to good use by mediating these cases. Marc received his designation as a Florida Supreme Court Certified Circuit Civil Mediator in 2016. In conjunction with moving to Washington state, he allowed the certification to lapse but will still provide mediation services.
Marc has represented brokerage firms, brokers, and individual customers in federal and state court, before the Financial Industry Regulatory Authority (“FINRA“) which was formerly known as National Association of Securities Dealers (“NASD”), the New York Stock Exchange (“NYSE“), and in other arbitral venues in a vast array of matters arising from the purchase and sale of securities and investments. The products in issue have included bonds, bond funds, collateralized mortgage obligations, closed-end funds, commodities, common stocks, derivatives, equity-indexed annuities, fixed annuities, foreign currencies, government securities, high-yield instruments, insurance-related products, mutual funds, new issues, options (equities and index), partnerships, private placements, unit trusts, and variable annuities.
The firm has handled claims for statutory violations, such as the Securities Act of 1933 and the Securities Exchange Act of 1934 and common law claims for fraud, misrepresentation and omission, negligence, negligent supervision, breach of fiduciary duty, and breach of contract. The claims have involved allegations of churning, conversion, embezzlement, failure to diversify, failure to execute orders or to follow instructions, failure to hedge, forgery, front-running, market manipulation, suitability, over-concentration, theft, and unauthorized trading.
The firm has experience with foreign finder issues, claims involving offshore investors, and other matters arising from international brokerage accounts and transactions.
The firm also handles collection of debit balances, processing of garnishment claims, and resolution of clearing disputes.