Form U-5 Amendment and Expungement Attorneys
At Ziegler, Ziegler & Associates LLP, we are committed to protecting the good reputations of our clients. For securities industry professionals, this means ensuring a clean Form U-5 free of any damaging defamatory, inaccurate information.
Upon the termination of a securities professional's employment at a brokerage or investment firm for any reason, his or her employer completes a Form U-5, the Uniform Termination Notice for Securities Industry Registration. This information is then included in a central database by FINRA, where it may be accessed by potential employers and/or customers. A negative U-5 review can follow a securities professional for his or her entire career, resulting in a loss of clients and an inability to obtain new employment.
Proactive Approach
The U-5 expungement attorneys at Ziegler, Ziegler & Associates LLP fight to have any inaccurate, injurious information stricken from the U-5s of our clients. Negative U-5 remarks can be devastating to the career of a securities professional, and our attorneys are dedicated to making sure that our clients are free to pursue their careers in the securities industry unencumbered by the reputational blemish of any such inaccurate information.
Beyond expunging false information from our clients' U-5 records, in the unfortunate circumstance in which such remarks are found to have been made in bad faith by a former employer, the attorneys at Ziegler, Ziegler & Associates LLP will take action and seek damages from the libeling party on behalf of our client.
If you believe your former employer has included false information on your U-5, contact Ziegler, Ziegler & Associates LLP to discuss your options for expungement and/or amendment as well as possible claims for damages.
In addition to providing guidance and counsel on U-5 matters, our attorneys also represent broker-dealers in a wide range of defense matters, regularly representing them on matters before FINRA / NYSE / SEC including:
- Unauthorized Trading / Insider Trading
- Failure to Supervise
- Stock Churning / Stock Fraud
- Suitability of Investments
- Failure to Execute Stop-Loss Orders
- Regulatory Compliance
- Lawsuits Seeking Investment Recovery
If you are a securities professional with a question or concern about your U-5, contact Ziegler, Ziegler & Associates LLP online or by calling 212-319-7600. Our attorneys will address your concerns and advise you on the best possible course of action to protect your securities license as well as your reputation.
