Other Public FINRA Awards From the Same Arbitrator
Peter Ordower, the sole arbitrator in our case, has served on many FINRA panels over more than 25 years. The awards below are a selection: public awards in which he served and the customer’s claims were denied.
Customers who were awarded money are not on this list. We have left out the customers’ names. Every award here is a public record that you can read in full on FINRA’s website by searching its case number.
Please read this first. On a three-person panel, the award is the decision of the whole panel, not of one arbitrator. A list of denials is not proof of bias, and we do not claim it is. FINRA awards rarely explain their reasons, so the only way to look at an arbitrator’s record is case by case. Read the awards and judge for yourself.
| Case no. | Respondent firm | Mr. Ordower’s role | What the customer sought | Result |
|---|---|---|---|---|
| 24-022862025Our family’s case | Oppenheimer & Co. | Sole arbitrator | Refund of fees, including fees billed before the authorization was signed | Denied in fullNo reasons given. Read our record |
| 19-028392022 | Kovitz Securities | Chair | About $546,000 in lost gains, plus about $1.5 million in fees and other losses | Denied in full |
| 20-017922022 | E*Trade Securities | Chair | About $400,000, plus punitive damages | Denied in full |
| 13-025362017 | Interactive Brokers | Chair | $225,000 to $300,000 | Denied in full |
| 07-028412009 | Sammons Securities and others | Panel member | $550,000, plus punitive damages | Denied in full |
| 05-007592005 | UBS Financial Services | Chair | $295,000 | Denied in fullPanel also recommended clearing the broker’s record |
| 03-019462005 | Robert W. Baird & Co. | Panel member | $1,200,000, plus $108,000 in margin interest | Denied in full |
| NASD 97-055511999 | Duke & Company and others | Chair | $200,000, plus punitive damages | Denied against the brokersStayed against two bankrupt firms |
| NASD 96-056981998 | Principal Financial Securities | Panel member | $39,538, plus punitive damages | Denied in full |
Check any award yourself
Open FINRA Arbitration Awards Online and search the case number. The award shows the parties, the panel, what was claimed and the result.
Was one of these cases yours?
We would like to hear from you. Nothing about your case beyond the public award will appear here without your written permission, and you choose how you are named.
Source: the public FINRA and NASD arbitration awards for each case number, read one by one. Amounts are as stated in each award. “Our family’s case” links to our own record on this site.