Douglas W Hyman

For over 25 years Doug Hyman has been representing investors, brokerage firms, registered representatives, investment advisor representatives and RIAs in various types of matters relevant to the financial services industry, both in the context of general counseling and in connection with representing clients nationwide in arbitrations and in state/federal courts.

His practice focuses on representing clients in the following types of matters:

• Arbitrations before FINRA, AAA, JAMS, other forums and in court’s nationwide.
• Claims of misconduct by financial firms and professionals resulting in investment losses or other harm. These claims typically stem from allegations that the investment recommendations were unsuitable or that there was a breach of fiduciary duty, but can also be the result of alleged churning, unauthorized trading, fraud, elder abuse, overconcentration, the use of complex products such as annuities, and failure to supervise.
• Claims of fraud relating to private placements or other investments, which in many cases are the result of Ponzi schemes.
• FINRA, SEC, State and other types of regulatory and enforcement matters.
• Employment matters specific to the financial services industry, including defamation, wrongful termination, and other claims relating to Form U4/U5 disclosures.
• Expungement of CRD, Form U4/U5 and BrokerCheck disclosures relating to customer complaints and terminations.
• Transitioning from one firm to another (both protocol and non-protocol).
• CFP Board enforcement matters.
• Complex investment products such as variable annuities, leveraged ETFs and structured products.
• Post-employment matters including obligations relating to non-competes, non-solicits, and promissory notes.

Doug is also committed to serving his profession and community. For many years he has served as Treasurer for the Association of Securities and Exchange Commission Alumni Association, a non-profit headquartered in Washington D.C. that provides scholarships to law students and SEC staff. He also supports non-profits in his home of Oak Park, Illinois. He currently serves on the Board of Directors for the Oak Park Education Foundation, and for many years he served as Treasurer for Oak Park’s children’s museum, known locally as Wonder Works.