OMAHA, Neb. AP - A former employer of two ex-brokers who face fraud charges has agreed to pay $10.3 million in a settlement with 249 people over the improper selling of risky investments.An arbitration order filed by the Financial Industry Regulatory Authority last week describes the terms of the settlement between VSR Financial Services Inc.
May 21, 2009 at 12:00 AM
1 minute read
OMAHA, Neb. AP – A former employer of two ex-brokers who face fraud charges has agreed to pay $10.3 million in a settlement with 249 people over the improper selling of risky investments.
An arbitration order filed by the Financial Industry Regulatory Authority last week describes the terms of the settlement between VSR Financial Services Inc. and former clients of Rebecca Engle and Brian Schuster.
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