Kevin Christian Daniels v. COR Clearing LLC, formerly known as Legent Clearing LLC, Steven Alan Sugarman
Published: Aug. 30, 2014 | Result Date: Aug. 13, 2014 | Filing Date: Jan. 1, 1900 |Case number: 13-01262 Arbitration – $247,641
Court
FINRA
Attorneys
Claimant
Respondent
Gayle I. Jenkins
(Winston & Strawn LLP)
David L. Aronoff
(Baker & Hostetler LLP)
Facts
Kevin Christian Daniels filed an arbitration claim against COR Clearing LLC and Steven Alan Sugarman.
Contentions
CLAIMANT'S CONTENTIONS:
Claimant alleged causes of action against respondents including breach of contract, defamation, violation of FINRA Rule 2010, and wrongful termination relating to claimant's employment with COR Clearing.
RESPONDENTS' CONTENTIONS:
Respondents denied claimant's allegations.
Result
The Panel found in favor of claimant on his claim for defamation and awarded damages in the amount of $247,641.00 against COR Clearing. The panel ruled against Claimant on his wrongful termination and breach of contract claims. While the panel found COR Clearing violated FINRA Rule 2010, they did not award any damages on such violation.
Other Information
ARBITRATORS: Brian G. Mooney, Roger W. Van Deusen and Ronald H. Walton
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