MH&H Achieves Favorable Settlement In FINRA Arbitration
Moritt Hock & Hamroff obtained a highly favorable settlement for our client, a brokerage firm, in a FINRA Arbitration initiated by a competing brokerage firm. The claimant, our client’s adversary, alleged that our client inappropriately raided claimant’s employees, interfered with contractual agreements between claimant and its employees, and misappropriated claimant’s trade secrets, resulting in alleged damages of more than $5,000,000.00. Moritt Hock & Hamroff filed a motion to dismiss with the FINRA Arbitration Panel. Before the FINRA Arbitration Panel could rule on the motion to dismiss, claimant proposed a very favorable settlement offer to our client, which our client accepted, resolving the parties’ dispute.
