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Contracts
Breach of Contract
Commission

Cornelius Yongkay Choy v. Wallstreet*e Financial Services Inc. aka Wallstreet Electronica Inc.

Published: May 12, 2012 | Result Date: Oct. 13, 2011 | Filing Date: Jan. 1, 1900 |

Case number: 10-05593 Arbitration –  $230,130

Court

FINRA


Attorneys

Claimant

Mark A. Goodman


Respondent

Carlos F. Otalvaro


Facts

Cornelius Choy entered into arbitration with Wallstreet*e Financial Services Inc. regarding withholding of commissions.

Contentions

CLAIMANT'S CONTENTIONS:
Choy alleged breach of contract, seeking withheld commissions.

Damages

Choy sought $230,130 in compensatory damages as well as attorney fees and costs.

Result

The arbitration panel awarded Choy $230,130 in damages.

Other Information

ARBITRATORS: William M. Samsel, David I. Levine, Joseph H. Sturdivant.


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