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Securities
Fraud
Breach of Fiduciary Duty

Fred H. Guenther Jr. v. Crown Capital Securities L.P.

Published: Aug. 17, 2013 | Result Date: Aug. 1, 2013 | Filing Date: Jan. 1, 1900 |

Case number: 12-00807 Arbitration –  Expungement

Court

FINRA


Attorneys

Claimant

D. Daxton White
(White Law Group)


Respondent

Craig R. Bockman
(Jones Bell)


Facts

Fred Guenther Jr. filed an arbitration claim against Crown Capital Securities LP and others, asserting causes of action violation of Common Law of Fraud, breach of fiduciary duty, negligent failure to supervise, negligence, and violation of the California Securities Act. The causes of action related to Guenther's tenant-in-common investments.

Damages

Guenther sought between $100,000 and $500,000 in damages.

Result

The arbitration recommended the expungement of all references to the arbitration from Justin Irving's registration records. All other relief was denied.

Other Information

ARBITRATORS: Chairperson Lawrence Alexander Huerta, Otis E. Hackett and Kenneth Andrew Klinko.


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