Investor Challenges Finra Arbitration Win

In a rare decision, an Oklahoma court sided with an investor who demanded an arbitration case he won against his former brokerage be vacated because the $9,900 award was too small to cover his trading losses. Steven Admire, however, didn’t get all he wanted. The court ordered a new arbitration hearing, but Mr. Admire’s wants a trial instead to settle his dispute with Geary Securities Inc., a defunct Oklahoma broker-dealer. More in the Wall Street Journal here.