FIU College of Law to open no-cost clinic to help small investors who have been impacted by broker misconduct

MIAMI (September 21, 2010) – Florida International University College of Law has received a $250,000 grant from the Financial Industry Regulatory Authority (FINRA) Investor Education Foundation to run an Investor Advocacy Clinic.

Through this clinic, FIU College of Law students will provide no-cost representation to individuals who have lost their investments as a result of misconduct or mistreatment by a broker.

“Our nation’s financial crisis has caused many individuals, often retirees, to lose their life savings; FIU is going to do its part to help these individuals,” said Troy Elder, interim director of Clinical Education.

FIU was among four law schools in the nation selected by the FINRA Investor Education Foundation to open such a clinic. Visiting Professor Robert Savage, who has almost two decades of experience with investor issues, has agreed to head this effort.

The clinic will give preference to clients who are elderly and live in South Florida and it will be able to work with potential clients whose first language is not English.

To contact the Investor Advocacy Clinic, please call 305-348-7541 or visit law.fiu.edu.

-FIU-

About FINRA:
The FINRA Investor Education Foundation supports innovative research and educational projects that give underserved Americans the knowledge, skills and tools necessary for financial success throughout life. For details about grant programs and other FINRA Foundation initiatives, visit
www.finrafoundation.org.

About FIU College of Law:
Florida International University College of Law is South Florida’s publicly supported law school. The Princeton Review ranks FIU as one of the nation’s most welcoming schools for diverse students and Hispanic Business has ranked FIU among the top ten law schools for Hispanics. The National Jurist ranks FIU among the top five schools in the country for best value in legal education. Unique among law schools, FIU places particular emphasis on integrating international law into every aspect of its curriculum.

About FIU: Florida International University is one of the 25 largest universities in the nation, with over 40,000 students. Nearly 130,000 FIU alumni live and work in South Florida. Its colleges and schools offer more than 200 bachelor’s, master’s and doctoral programs in fields such as engineering, international relations and law. As one of South Florida’s anchor institutions, FIU is worlds ahead in its local and global engagement, finding solutions to the most challenging problems of our time. FIU emphasizes research as a major component of its mission. The opening of the Herbert Wertheim College of Medicine in August 2009 has enhanced the university’s ability to create lasting positive change in our community. For more information about FIU, visit http://www.fiu.edu.

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