Award

23-00295 Paul Breglio v. Reid & Rudiger LLC

FINRA Dispute Resolution Services · Securities (FINRA) · United States · March 4, 2024

Why it matters

Paul Breglio v. Reid & Rudiger LLC, decided in FINRA arbitration. In this case a customer or associated person brought a claim against Reid & Rudiger LLC. For a student, it shows how FINRA arbitration works: the binding, largely private forum where the great majority of US securities disputes are resolved instead of the courts, with awards enforceable in court and open to challenge only on narrow grounds.

Summary

Paul Breglio v. Reid & Rudiger LLC: a FINRA arbitration award (case 23-00295), 04/28/2026. The panel's decision is set out in the award.

The detail

Parties: Paul Breglio v. Reid & Rudiger LLC

Case number: FINRA Case No. 23-00295

Outcome: Award for the claimant of $743,550.00.

Quantum: $743,550.00

Applicable law: FINRA Code of Arbitration Procedure; United States securities law; the parties' brokerage agreement.

Issues in play: An investor's or an industry member's claim, decided in FINRA's arbitration forum rather than the courts.

Read the full decision at FINRA Arbitration Awards Online

Locus Standi links to the source decision and publishes its own plain-language summary. It does not reproduce the text of the award.

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