Facts

Linda Tedrahn filed a claim against Centaurus Financial Inc., Marco Fuentes, Gregory Kinkead, Joseph Papez, Westley King, and Wesley King, in connection with Tedrahn's investment in common stock, money market account, and a Northstar Healthcare Income REIT.

CLAIMANT'S CONTENTIONS:
Claimant asserted causes of action for breach of fiduciary duty, breach of contract, fraud, misrepresentations/non-disclosures, omission of facts, suitability, failure to supervise, and defamation.

RESPONDENTS' CONTENTIONS:
Respondents denied the allegations and asserted various affirmative defenses. Additionally, respondents Papez and Kinkead sought expungement of their CRD records.

Damages

Tedrahn sought $100,000 in damages, including $30,000 for stock investments; $12,000 for her unreplenished money market account; $30,000 in REIT; and $28,000 for defamation. Tedrahn later lowered her request by half.

Result

The arbitrator denied Tedrahn's claims in its entirety.