In a decision that is sure to raise eyebrows, a single arbitrator appointed by the AAA has ordered a Boston investment management firm to pay $48.5 million in damages to a couple who were advised to invest in a Polish tobacco company that he deemed "grossly unsuitable."
The problem with the award is that includes 30 million dollars in punitive damages.
For more information - Advisor Ordered To Pay $48.5M For 'Grossly Unsuitable' Investment
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