StoneX wins FINRA arbitration, pays just $1.8M vs. BTIG's $842M employee poaching claim

Filed March 13, 2026 · Period ending March 12, 2026 · ~1 min read

Key Changes

• high

  FINRA panel rejected 99.7% of BTIG's damages claim, awarding BTIG only $2.9M against StoneX's $1.0M counterclaim for net $1.8M liability—a fraction of the $842M sought in employee poaching dispute.

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• high

  Panel ruled StoneX did not tortiously interfere with BTIG employee contracts and denied BTIG's requests for punitive damages, injunctive relief, attorney's fees, and sanctions.

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• medium

  Dispute originated from November 2023 BTIG lawsuit after StoneX hired former BTIG employees; arbitration resolves all claims between parties with minimal financial impact to StoneX.

  Item 8.01 verify on EDGAR →