Securities Arbitration & Litigation

Sallah Astarita & Cox, LLC regularly represents financial institutions, broker-dealers, financial advisors, investor relations firms, insurance agents, and other clients involved in state and federal court litigation and arbitration, in matters arising from allegations of fraud, breach of fiduciary duty, failure to supervise, accounting misconduct, and negligence. The firm also handles federal and state RICO claims, broker-dealer related claims, market conduct claims, as well as enforcement and disciplinary actions before federal and state agencies, and the SROs and stock exchanges.

Our cases have involved a wide variety of investment products, including variable annuities and insurance, collateralized mortgaged obligations (CMOs), structured products, viatical contracts, private placements and PIPEs, and life settlements.

Industry Disputes

Sallah Astarita & Cox, LLC represents brokerage firms and securities professionals in FINRA arbitration proceedings and in state and federal courts. We have successfully prosecuted cases for broker-dealers seeking to enforce non-solicitation and non-competition agreements against former financial advisors. Our lawyers have also defended departing financial advisors against attempted enforcement of non-compete and non-solicitation agreements, and have prosecuted defamation, libel, and discrimination claims.

Partnership and Corporate Disputes

Among independent contractor broker-dealers, two or more individuals often create support companies through which they do business and share revenues and expenses. Our attorneys have extensive experience in litigation involving the fiduciary and other duties that these individuals owe one another. Sallah Astarita & Cox, LLC have represented the interests of such support companies by, among other things, protecting their proprietary information from departing partners or employees and the competitors who hire them.

Receivership Defense

Court-appointed receivers in SEC, CFTC, or state regulatory actions often bring third-party claims against individuals or entities that, while not directly involved in the alleged wrongdoing, may have received the return of investment funds, interest, or compensation from the defendant. Our attorneys have represented such third-party defendants in resolving such claims amicably, or when necessary, through the litigation process.

Investor Claims

Sallah Astarita & Cox, LLC represents individual and institutional investors nationwide with claims against stockbrokers, investment advisors, hedge funds, trust companies, and other securities professionals. Our attorneys have successfully brought investor claims based on fraud, negligence, unsuitability, and breach of fiduciary duty, among others. Investor claims are resolved through FINRA arbitration as well as in state and federal courts.