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Penson tagged with $15M arbitration claim

The claim centers on investments in Collateralized Mortgage Obligations, or CMOs.

SAMCO Financial Services Inc. of Phoenix and its former clearing firm, Penson Financial Services Inc. of Dallas, has been tagged with a $15 million arbitration claim by more than 80 investors.
The claim centers on investments in Collateralized Mortgage Obligations, or CMOs.
Half of the group of i

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