Brokerage firm settles with state over sales practices at Proctor & Gamble plant in Augusta Brokerage firm A.G. Edwards & Sons will pay a $500,000 fine and reimburse the state $200,000 for its investigation into stock fraud, bringing to a close a case that resulted in the largest securities settlement ever in Georgia.
Client Wins First Round Against Brokerage
Atlanta Business Chronicle reports on a punitive damage award for a factory worker. The arbitration panel that heard the first of about 75 cases against the Augusta office of the brokerage firm A.G. Edwards & Sons Inc. has awarded the former client in the case nearly $1 million.
