James Zeigon, Annie Zeigon v. First Republic Securities Company, LLC
Published: Apr. 28, 2012 | Result Date: Mar. 29, 2012 | Filing Date: Jan. 1, 1900 |Case number: 10-04192 Arbitration – $870,632
Court
Arbitration Forum
Attorneys
Claimant
Cary S. Lapidus
(Law Offices of Cary S. Lapidus)
Respondent
Facts
James and Annie Zeigon filed a complaint against First Republic Securities Co. LLC alleging breach of fiduciary duty, professional negligence, negligent misrepresentation, breach of contract, common law fraud and deceit, violation of California Corporations Code, and violation of California Code of Regulations. The complaint relate to claimants' investments in various securities.
Damages
Claimants sought $2,125,000 in damages, or alternatively, rescission of the investments and prejudgment interest. They also sought lost opportunity damages, attorney fees, costs, punitive damages, and other relief.
Result
First Republic was found liable to James Zeigon in the amount of $870,632. James, in return, was ordered to tender his TW-FR CBO V ownership documents to First Republic within 30 days upon receipt of the payment. All claims by Annie Zeigon were denied.
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