Award

24-02082 LPL Financial LLC v. Barrington Gist

FINRA Dispute Resolution Services · Securities (FINRA) · United States · February 6, 2026

Why it matters

LPL Financial LLC v. Barrington Gist, decided in FINRA arbitration. In this case LPL Financial LLC, a member firm, brought a claim against an individual (often a former employee or registered representative). 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

LPL Financial LLC v. Barrington Gist: a FINRA arbitration award (case 24-02082), 05/27/2026. The panel's decision is set out in the award.

The detail

Parties: LPL Financial LLC v. Barrington Gist

Case number: FINRA Case No. 24-02082

Outcome: Award for the claimant of $90,000.00.

Quantum: $90,000.00

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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