Director of the Law School’s Securities Arbitration Clinic Christine Lazaro was quoted in a recent article, Should Dozens of FINRA Arbitration Cases Be Reopened? The article centers on a Financial Industry Regulatory Authority (FINRA) arbitrator who was removed from FINRA’s arbitrator roster after falsely claiming to be a lawyer. The main issue is whether there is any remedy with respect to the cases in which he served as an arbitrator over the past 15 years. Here’s an excerpt:
Arbitrators have immunity for civil liability, but that does not apply in situations of fraud or corruption, explains Christine Lazaro, director of the securities arbitration clinic at St. John’s University School of Law.
St. John's University Law Faculty Blog 
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