LPL Financial LLC v. Darin Richard Pastor
Published: Mar. 7, 2015 | Result Date: Feb. 5, 2015 | Filing Date: Jan. 1, 1900 |Case number: 14-02000 Arbitration – $3,010,970
Court
FINRA
Attorneys
Claimant
Jeffrey K. Compton
(Markun, Zusman, Freniere & Compton LLP)
Respondent
Facts
LPL Financial LLC sued Darin Pastor related to a settlement agreement and release Pastor executed.
Contentions
COMPLAINANT'S CONTENTIONS:
Complainant accused respondent of breaching the agreement, which was related to the repayment of three promissory notes.
RESPONDENT'S CONTENTIONS:
Respondent denied the allegations.
Damages
LPL sought the outstanding balance of $3,010,973 plus interest as well as reimbursement of the FINRA filing fee, all costs and fees and other relief.
Result
The arbitrator found in favor of LPL and against Pastor, finding Pastor liable for $3,010,973 in compensatory damages, plus interest as well as $19,705 in attorney fees, $4,000 in costs, and $2,000 in filing fee reimbursement for a total of $3,036,678.
Other Information
FILING DATE: June 20, 2014
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