Ameriprise Financial announced at its 2011 shareholders meeting that they were selling their brokerage unit, Securities America, which was under investigation for selling worthless private placements in two bankrupt companies: Medical Capital and Provident Shale. Attorney Hugh Berkson represents Securities America customers in a 150 million dollar arbitration case.
Hugh Berkson is a Securities Attorney with McCarthy, Lebit, Crystal & Liffman, Co. LPA. Hugh is rated AV® Preeminent™ by Martindale-Hubbell®.
He obtained a business degree in Finance from the University of Texas at Austin in 1989, and is a 1994 graduate of Case Western Reserve University School of Law, where he was a member of the Order of the Barristers and received both the American Jurisprudence Award, (National Mock Trial) in 1993 and the Jonathan M. Ault Mock Trial Prize for 1993-1994.