Firms Face Uphill Battle in Fighting High-Dollar Punitive Damage Awards–Opinion

April 10, 2025 – AdvisorHubHoward R. Elisofon, Maxim M.L. Nowak and Anna Boltyanskiy

Howard R. Elisofon, partner and co-chair of Herrick's Securities Litigation and Enforcement Group, along with counsel Maxim M.L. Nowak and associate Anna Boltyanskiy, authored an article for AdvisorHub that examines two recent awards issued by Financial Industry Regulatory Authority arbitration panels that highlight the significant role punitive damages can play in securities arbitration involving the broker-dealer industry.

Read the full article in AdvisorHub here.

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