Odeon Capital Group LLC v Hilltop Securities Inc. (FINRA 24-00407)
FINRA Dispute Resolution Services · Securities (FINRA) · United States · March 31, 2025
Why it matters
Odeon Capital Group LLC v Hilltop Securities Inc., decided in FINRA arbitration, where the great majority of disputes in the American securities industry are settled rather than in the courts. The sum in issue was $3,543,253.00. A FINRA award is final and binding, open to challenge only on the narrow grounds the law allows.
Summary
A dispute between Odeon Capital Group LLC and Hilltop Securities Inc., heard by FINRA, which arbitrates the great majority of disagreements in the American securities industry. They sought $3,543,253.00 in damages. The panel found for the claimant and ordered payment of $748,000.00. A FINRA award is final and binding, open to challenge only on the narrow grounds the law permits. The full reasons sit in the original, linked here.
The detail
Parties: Odeon Capital Group LLC v Hilltop Securities Inc.
Case number: FINRA Case No. 24-00407
Outcome: Award for the claimant of $748,000.00.
Quantum: $748,000.00
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.