Promissory Note Blog

While it is true that brokerage firms usually prevail in enforcing promissory note and employee forgivable loan claims in FINRA arbitrations, that is not always the case.  In my years of defending financial advisors in these matters, I have found that with certain facts and key evidence, the advisor has an opportunity to vigorously oppose enforcement of the promissory note or forgivable loan thus giving him a fighting chance at the final hearing and/or leverage...Read More