San Diego Stockbroker Suspended for Unreported Involvement in Biotech Startup

Michael Dinerman of Piper Jaffray & Co. was fined and suspended from association with any FINRA member firm for failure to disclose outside business activities to his employer and, presumably, clients. Stockbrokers are required to disclose outside business activities to ensure that stockbrokers are able to provide competent, unbiased services to their clients. If you suffered investment losses caused by a stockbroker who was distracted by outside business activities, you may be able to recover your losses through arbitration. Contact the attorneys at Investor Defense Law LLP at no charge to find out whether you have a valid claim.

Investor Defense Law LLP is a law firm dedicated to helping investors in California, Georgia, and Washington recover losses caused by stockbrokers, financial advisers, or investment firms. To learn more, contact an investment fraud attorney at 800.487.4660.