AAA Arbitration Award against Virginia Registered Investment Advisor

In March of 2024 a AAA arbitration panel awarded Greco & Greco’s elderly retiree client an award of $118,036.09 against a Virginia-based Registered Investment Advisor (RIA). The award included damages, a return of advisory fees, attorneys fees, and expert witness fees. The panel found that the RIA breached its duty of care and loyalty, and thus breached its fiduciary duty, to the customer by failing to disclose material facts, failing to rebalance the accounts on a timely basis, and failing to timely meet with the customer. The claim also involved a request for rescission of a high risk illiquid alternative investment fund sold to the customer, but this issue was resolved prior to the final hearing.

Client Reviews

Greco & Greco represented me several years ago in a case in which my financial planner ignored my investment guidelines in making several very risky investments in my name. This individual was employed by a very large financial services corporation which refused to return my funds. I retained Greco...

J.W.

Very professional and compassionate representation by this firm. Communication was clear and concise. This firm has a high degree of integrity and knowledge of SEC law. Highly recommend.

C.A.

Very good attorney - client communication. Great legal representation. Satisfying results.

A.W.

Scott Greco was very professional, and honest. I highly recommend this firm. Scott Greco explained everything in a way I could understand, and I never left the office with unanswered questions. If I ever need any other legal representation Greco & Greco, P.C will be my only choice.

Anonymous | Hired Firm

W. Scott Greco represented me in my attempt to recover money lost in a ponzi scheme. He kindly and skillfully guided me through the process of submitting the required documentation of loss, provided sound legal advice regarding accepting arbitration, and kept me fully informed as the case moved...

Anonymous | Hired Firm

Contact Us

  1. 1 Free Attorney Consultation
  2. 2 Contingency Fees
  3. 3 85 Years Combined Experience
Fill out the contact form or call us at (877) 821-5550 to schedule your free attorney consultation.

Leave Us a Message