Rochdale Securities LLC, which was once a brokerage dealer in Stamford, won a recent state court challenge to an arbitration award it filed against Pershing LLC, a large clearing firm that is part of the Bank of New York Mellon Corp.
Aaron Romney, a partner with Bridgeport’s Zeisler & Zeisler, who represents Rochdale, said it is happy with the result, but it still has a long way to go to recover.
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