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Arbitration Details

FOREX CLUB LLC NFA ID: 0358265

An NFA Arbitration claim is a futures or forex related dispute involving a customer and an NFA Member (or employee) or Associate. It is not a regulatory action.
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Case Summary
 Case No.FiledDecision DateProduct
 08ARB0003502/20/200809/23/2008
Summary of Parties
 CustomersMembersRepresentatives
• YI YANG•  FOREX CLUB LLC• MICHAEL WAGNER
Proceeding Details
 Panel TypeNumber of ArbitratorsProceeding TypeLocation (State)
 MEMBER1SUMMARYWA
Summary of Awards and Claims
 Type Claim Amount Counter Claim 3rd Party Claim Cross Claim
 
Compensatory
Punitive
Treble
Interest
Attorney Fees
Costs
 Claim Award
$9,233.00$0.00
$0.00$0.00
$0.00$0.00
NA$0.00
NA$0.00
NA$0.00
 Claim Award
$0.00$0.00
$0.00$0.00
$0.00$0.00
NA$0.00
NA$0.00
NA$0.00
 Claim Award
$0.00$0.00
$0.00$0.00
$0.00$0.00
NA$0.00
NA$0.00
NA$0.00
 Claim Award
$0.00$0.00
$0.00$0.00
$0.00$0.00
NA$0.00
NA$0.00
NA$0.00
Summary of Issues
The following issues were presented to and decided by the undersigned Arbitrator: misrepresentations, misleading promotional material and trading platform malfunction.

I, being the Arbitrator appointed to hear and decide this matter, in accordance with the Code of Arbitration of National Futures Association, deny all claims of Yi Yang against Forex Club Financial Company, Inc., and dismiss them with prejudice.

 
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