Liddle & Robinson Attorneys at Law New York City

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Michael McCabe v. D. Blech & Co., Inc. - 8/1/1998

Award Amount- $53,000.00

Case Summary: Our client, Michael McCabe, worked as a stockbroker for the brokerage firm D. Blech & Co., Inc., which specialized in underwriting stocks of biotechnology companies. Mr. McCabe filed an arbitration claim against D.Blech & Co. for unpaid commissions of $53,000 and 12,488 underwriter warrants in 12 different companies. In August 1998, an NASD arbitration panel awarded Mr. McCabe the full complement of damages and underwriter warrants he was seeking in his case. The panel also assessed D. Blech & Co. $3,000 in forum fees.

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