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FINRA Panel Denies All of Former President’s Claims


The former president of the Investment Services Division of Affinity Federal Credit Union, the largest federal credit union in New Jersey, sued for wrongful termination, whistleblower violations, breach of contract, and defamation.  She demanded judgment in the amount of $5.5 million, which included the reimbursement of over $500,000 in out-of-pocket legal fees she had paid to her attorneys.  After ten witnesses and 24 days of testimony that included five days of cross examination and two days of re-cross examination of the claimant, the three person FINRA arbitration panel issued an award denying all of her claims. 

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