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FINRA Panel's $20M Award Over Soured Trade Approved

By Jon Hill ( June 20, 2017, 10:11 PM EDT) -- A California federal judge on Tuesday upheld a $20 million award issued by a Financial Industry Regulatory Authority panel, finding that the arbitrators had not clearly ignored California law when they held Canadian hedge fund founder Scott Dorey and others liable for losses sustained by a Delaware trading company in a securities deal gone wrong....

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