Securities professionals face unique issues when it comes to employment. At Bachner & Associates, P.C., we have represented industry professionals in litigation involving wide range of employment issues, including breach of employment contracts, wrongful termination, and compensation disputes. We represent both employees and employers in New York and throughout the country in suits for bonuses that were not received or forgivable loans due at termination of employment. If the employee has signed a noncompete or non-solicitation agreement, we can assist in obtaining or defending against a temporary restraining order (TRO) to enforce the agreement.

Moreover, we regularly advise registered representatives on issues concerning Forms U-4 and U-5, including Form U-5 disclosure issues. These forms are completed by the employee and the employer, and are entered in the nationwide Central Registration Depository System. Occasionally, an employee objects to what the employer has written on their U-5 after termination, and we handle libel and defamation claims resulting from these disclosures. Money damages may be available if the disclosure was not in good faith.

Form U-4 issues arise when a broker wants to register in another state. The employer files a U-4 with the NASD, and the state can choose to approve or deny the application, or ask for more information. We handle cases where additional information is requested or difficulties are encountered in the effort to become licensed in a particular state.

If you have any further questions, or if you would like to speak with one of our attorneys regarding your securities employment issue, please do not hesitate to call our Manhattan office at (917) 639-5370 or toll-free at (877) 388-6461. We are located conveniently in the heart of New York City's financial district. If you prefer, you may e-mail us, or fill out the form on the Contact Us page of this website and a representative from the firm will be in touch with you shortly. We look forward to hearing from you.