Brokerage sues NASD for $100m over 'harassment'

A brokerage firm has filed a complaint against US regulator NASD alleging unlawful harassment and is seeking at least $100m (€76m) in damages.

Sky Capital claims it has endured five years of harassment from the NASD through numerous examinations, application denials and repeated calls and written correspondence with its investors.

WSJ Logo
Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump