Tuesday, February 26, 2013

DailyMarkets.com - Mensack V Morgan Stanley, FINRA

DailyMarkets.com - Mensack V Morgan Stanley, FINRA

Mensack V Morgan Stanley, FINRA

Posted: 26 Feb 2013 02:43 AM PST


What do you think you would do if in the process of appealing a case, you were informed that the court stenographer had "somehow" lost (deleted or destroyed, perhaps??) 8 hours of testimony? Do you think you might be a little pissed off? Just a little?

Mind you, what if the 8 hours of "lost" testimony were not just any 8 hours. That is, they were not the first 8 hours. They were not the last 8 hours. What if they were 8 hours of selected intermittent testimony including key points when the plaintiff alleges the defendant perjured himself?

Must be a banana republic and kangaroo court for such a gross injustice to have transpired, right? 

Well, I will let readers make their own assessment regarding references to marsupials and herbaceous fruits but there would certainly appear to be many similarities in this case that I highlighted here a year ago in writing, How Does FINRA Lose 8 Hours of Testimony? Wall Street's "Kangaroo Court."

I was pleased to see late last week that this fight continues as plaintiff Mark Mensack has moved to take his case out of Wall Street's "kangaroo court" with the filing of a lawsuit in New Jersey Federal District Court. … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards
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