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: Securities Law Prof Blog

FINRA Arbitration Panel Awards ARS Purchaser $81 Million in Consequential Damages

By Securites Lawprof

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Purchasers of auction rate securities that have sued for consequential damages resulting from the illiquidity of their investments have not fared well in court; for example, Aimis Art Corp. v. Northern Trust Securities, Inc., 641 F. Supp.2d 314 (S.D.N.Y. 2009),...

Full post as published by Securities Law Prof Blog on August 05, 2010 (boomark / email).

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