Erez Law, PLLC, a national investment fraud law firm, has achieved the largest financial recoveries in the history of the Financial Industry Regulatory Authority's arbitration system through its exclusive focus on representing investors in cases involving broker misconduct, unsuitable recommendations, and financial exploitation. The firm's record-breaking results include a $16,000,000 recovery for an investor from a major brokerage firm and a $14,200,000 award in Louis R. Deluca, Elizabeth Deluca and UBS, Inc. v. Stifel, Nicolaus & Co., Inc., Case No. 23-01288. Another significant recovery of $13,500,000 was obtained for an investor from a major brokerage firm, demonstrating the firm's capacity to secure substantial compensation for clients who have suffered financial harm.
In the landmark case of Oren v. UBS, Erez Law represented John and Elise Oren in a FINRA arbitration concerning UBS's proprietary YES investment strategy. UBS marketed YES as a low-risk options overlay strategy designed to generate additional income, but the strategy was actually a high-risk, directional iron condor approach that exposed investors to significant losses. After an eight-day trial in Houston, Texas, the arbitration panel awarded the Orens $3.8 million, including approximately $2 million in losses, benefit of the bargain damages reflecting the returns UBS had represented would be achieved, prejudgment interest, and attorney's fees of $965,657. The panel also found a violation of the Texas Securities Act, making this outcome a significant investor victory in a complex proprietary product case.
Other notable recoveries include $4,200,000 in Puerto Rico Investors v. UBS Financial Services, Inc. and UBS Financial Services of Puerto Rico, Inc., Case No. 16-0071, highlighting the firm's effectiveness in diverse and challenging financial disputes. As financial products become increasingly sophisticated, Erez Law believes investor representation must evolve accordingly. The firm envisions a future where investment fraud litigation is driven by deeper financial analysis, strategic trial preparation, and a continued willingness to pursue full evidentiary hearings rather than early compromise when appropriate.
By concentrating its practice solely on investor representation, Erez Law ensures that its resources and experience are directed toward one primary goal: achieving justice for investors who have been wronged. The firm's approach emphasizes holding brokerage firms accountable through FINRA arbitration and U.S. courts, particularly as cases involve more complex financial instruments and strategies. This commitment to aggressive representation and substantial recoveries represents a significant development in investor protection, potentially influencing how future securities disputes are litigated and resolved nationwide. The firm's success in securing multi-million dollar awards against major financial institutions establishes a powerful precedent, signaling that investors have viable recourse even against sophisticated proprietary strategies and complex financial products.
