Former Red Sox Catcher Wins Claim Against Merrill
Tuesday, January 24th, 2012 LiabilityFormer Red Sox catcher Doug Mirabelli has earned another victory, this time off the field. An arbitration panel ruled on Jan. 13 that Merrill Lynch must repay Mirabelli more than $1.2 million in damages and fees for providing inappropriate investment advice to the two-time World Series champion and his wife, Kristin. “It’s rare for a FINRA (Financial Industry Regulatory Authority) arbitration panel to award every dollar amount of out-of-pocket loss,” said Barry Lax, Mirabelli’s lawyer, in an interview.
External References & Further Reading
http://www.insurancejournal.com/news/east/2012/01/23/232372.htm
