Form U5 Expungement and Defamation Claims

The firm’s attorneys are adept at addressing instances of Form U5 defamation on behalf of financial advisors and other licensed securities industry professionals. The SEC uses Form U5 to track a securities industry professional’s employment history. Upon the termination of an employment relationship with a registered representative, a brokerage firm is required to indicate the reason for the termination or separation on the Form U5.

In some instances, a broker-dealer may place inaccurate, misleading, or false information on a registered representative’s Form U5, damaging his or her regulatory record and making it difficult or impossible to secure new employment. Inaccurate or false remarks or other misleading information on a registered representative’s Form U5 is known as “U5 defamation” in the securities industry. The firm offers seasoned counsel in pursuing Form U5 defamation claims on behalf of securities professionals through FINRA arbitration proceedings.

The attorneys at Giarrusso Law Group LLC have significant experience in handling all manner of legal claims and issues unique to the securities industry. We invite you to contact us by telephone at (201) 771-1115 or by email at info@gialawgroup.com for a no-cost, confidential consultation.