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Securities
Breach of Contract
Compensation

Andrew Y. Wasa, Henry J. Ferry Jr. v. Securities America Inc., Sandra Snyder

Published: Nov. 27, 2010 | Result Date: Nov. 2, 2010 | Filing Date: Jan. 1, 1900 |

Case number: 10-01889 Arbitration –  $5,676

Court

FINRA


Attorneys

Claimant

Pamela D. Ferry


Respondent

Kelly R. Davis

Elizabeth A. Lowery
(Freeman, Mathis & Gary LLP)


Facts

Andrew Wasa and Henry Ferry entered arbitration with Securities America Inc. and Sandra Snyder.

Contentions

CLAIMANTS' CONTENTIONS:
Wasa and Ferry alleged unpaid commissions.

Damages

Wasa and Ferry sought damages of $5,675.62, as well as $17,026.86 in punitive damages, interests, attorney fees, and costs.

Result

The arbitrator dismissed the claims against Snyder and found Securities America liable for compensatory damages of $5,675.62, plus costs of $425.00.


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