Nearly three years after the New Mexico Attorney General’s Office settled a lawsuit with Vivint Solar Inc. for alleged “consumer fraud” and “racketeering” involving thousands of local homeowners, most victims have seen little or no relief. Read the full article…

The Financial Industry Regulatory Authority’s panel orders Morgan Stanley to pay over $7.8 million to Schwab for encouraging two of its brokers to abruptly quit their jobs to join Morgan Stanley to share Schwab’s customers’ information with them.

“Morgan Stanley wants to have its cake and eat it, too,” Mr. Marrs said. “When the wheels come off, you want to repudiate the investment-advisory nature of the account. Now, all of the sudden, it is a de facto brokerage…

Victoria White v. Safeway Insurance Company (New Mexico Second Judicial District Case No. D-202-CV-2011-05632)   My grandmother used to have a folksy saying when we were growing up:  “Don’t let a little hangnail turn into an ingrown toe!”  By that,…

More than 1,600 securities firms are party to the Protocol, the set of recruiting and transition rules established in 2004 designed to alleviate a large number of recruiting and breakaway lawsuits and arbitration claims. Under the Protocol, departing brokers are…

On Tuesday April 18, Kokesh v. Securities and Exchange Commission, a case litigated by Clinton Marrs, will be heard before U.S. Supreme Court. At issue is whether the SEC’s reach in collecting reimbursements for security crimes should be limited and…

Clinton Marrs is quoted in this 2014 article from Reuters on a recruitment dispute from between Charles Schwap Corp. and Morgan Stanley. From the article: Aug 26. Charles Schwab Corp. has lost a $15 million arbitration case against…

Clinton Marr’s was quoted in this article about disputes between Charles Schwab and departing brokers. After a recent case in which the Charles Schwab & Co. Inc. aggressively pursued one of its own advisors who went independent, industry insiders are…

Before having to file for bad faith insurance claims, many people mistakenly believe that insurance companies want to help you. This is simply untrue; insurance companies want to make money, and sometimes they will engage in dishonest…

Selling your home is likely to be one of the most important decisions and biggest transactions you will make in your life. Though New Mexico does not require you to hire a real estate attorney in Albuquerque…