Wrongful Termination

In the securities industry, brokerage firms may not terminate an employee for any reason prohibited by federal or state statute, public policy, or an employment agreement. If a broker-dealer terminates an employee on the basis of race, religion, sexual orientation, or age, the employee may be entitled loss of income and business, deferred compensation, waiver of financial obligations, and reputational damages.

In addition, broker-dealers cannot terminate employees for reporting violations of securities laws to the Securities and Exchange Commission (SEC).

If you, or someone you know has been a victim of a wrongful termination, contact us.