Stifel has been hit with a large penalty in an arbitration case stemming from a broker’s structured-notes strategy that has resulted in more than a dozen investor complaints.

Last month Stifel Nicolaus & Co. Inc. agreed to pay a $35 million penalty to settle charges with the Securities and Exchange Commission that the firm, like many of its competitors, had longstanding ...

Text messaging is at the heart of a series of arbitration complaints that are seeing Stifel fork out millions over one of its brokers touting structured notes. Processing Content St. Louis-based ...

Stifel, Nicolaus & Co. has been ordered by a Financial Regulatory Authority arbitration panel to pay an investor couple and their business more than $14.2 million in damages for allegedly breaching ...

FINRA has barred an ex-Stifel broker who has cost his former employer well over $100 million in arbitration fines over his recommendations of complex investment products. Processing Content Chuck A.

“We have 19 more investor claims, and we continue to investigate and file new cases on behalf of customers,” said Jeff Erez, a plaintiff’s attorney. “And we are seeking additional discovery regarding ...

The brokerage industry’s self-regulator is launching a so-called sweep exam looking at how firms are handling their compliance obligations on certain high-risk assets.

Chuck Roberts, the star broker whose structured-notes strategy has resulted in numerous customer complaints and a $132.5 million arbitration award, has left Stifel, according to registration records.