Securities / NASD
Nathan v. Nathan. $1.2 million dollar verdict for fraud. Howard Levin earned a $1.2 million dollar verdict in compensatory and punitive damages in Philadelphia Common Pleas Court in a fraud case. Our client sued her husband for his fraud in undervaluing the couple's jointly held stock.
Anapol, Schwartz attys Joel Feldman and Adam Green settled an NASD arbitration case for $400,000 for the estate of a 75 year old woman with losses in her account through inaction and negligence of her stockbroker. The portfolio was not suitable for a widowed, retired woman needing income for living expenses. The settlement was reached after the stockbroker was cross-examined for the better part of 2 days.
