U.S. Court of Appeals for the 9th Circuit
Oct. 30, 2012
NBA star gets award against financial advisers affirmed, and can pursue more
A retired pro basketball player's $1.45 million arbitration award against investment advisors who lost him money will stand, a 9th U.S. Circuit Court of Appeals panel ruled last week, and he can seek further damages.
Daily Journal Staff Writer
A retired pro basketball player's $1.45 million arbitration award against investment advisers who lost him money will stand, a 9th U.S. Circuit Court of Appeals panel ruled last week.
Not only that, former Los Angeles Lakers and Chicago Bulls power forward Horace Grant also got the panel's OK to take financial planner Morgan Keegan & Co. Inc. back to arbitration over new malicious prosecuti...
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