PNC Investments was ordered to hand over $75,000 to a former adviser who alleged the firm wrongfully dismissed him and tainted his reputation, according to a recent FINRA arbitration filing.
Shawn Kost, a financial adviser with PNC in Floyds Knobs, Ind., claimed PNC falsely accused him of not having met with two clients for their annual reviews, as required by the firm, said Kost's attorney, Michele Henry of Kentucky law firm Craig Henry.
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