LINCOLN FINANCIAL ORDERED TO PAY DISMISSED BROKER $2 MILLION

Lincoln Financial Advisors Corp. must pay $2 million to a broker who alleged that his company fired him and then damaged his professional reputation, a securities arbitration panel ruled Wednesday. Jeffrey A. Concepcion, 45, a veteran broker and manager for Lincoln Financial Advisors, alleged he was fired after having arranged a business venture on behalf…

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HPK OBTAINS $284,600.00 VERDICT IN FAVOR OF THE LINCOLN ELECTRIC CO.

In a federal jury trial presided over by the Honorable James S. Gwin, Shannon Polk and Daniel Connell obtained a $284,600.00 verdict in favor of The Lincoln Electric Company in a commerical dispute against MPM Technologies, Inc. involving claims of breach of contract and breach of warranty.  The federal lawsuit, which was pending in the United States District Court for…

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