HSBC Securities Ordered to Pay $3.2 Million in FINRA Arbitration

January 12, 2015- Miami, Florida

A FINRA arbitration panel in Miami, Florida , ordered HSBC Securities (USA), Inc. and broker Mark Richard Corbet Yale  to pay a customer, Blue Bank International,  $3,250,000 in compensatory damages for losses on Junior Notes offered by H.E.A.T. Mezzanini I-2006, a collateralized debt obligation.  Blue Bank International N.V. v HSBC Securities, et al , FINRA Case # 12-2582.

If you have questions about losses in your brokerage account, call to speak with an experienced securities attorney.

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.

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