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Former Towson broker found liable for clients' retirement losses
Former Towson broker found liable for clients' retirement losses

A former Towson-based financial advisor for Signator Investors Inc. was found liable, along with the firm, for losses of elderly clients' retirement funds, according to a decision Tuesday by arbitrators for a securities industry regulator. The Financial Industry Regulatory Authority panel awarded almost $1.6 million to the former broker's clients — Edward A. Blank, Doreen Baker Blank and the estate of Della A.B. Baker — for losses and fees, according to a FINRA award. The clients, who were advised by broker James Robert Glover at Signator over 14 years, lost all their retirement savings after investments were placed in risky products, according to their attorneys at...

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