The allegations read: Customer is an extremely wealthy and highly sophisticated investor who was in daily contact with his broker on every transaction and was keenly aware of all the suitable investments and activity he authorized in his account. Customer's account was supervised with heighted scrutiny which was well documented. As the customer lost money and had recently negotiated a settlement with another broker dealer for similar activity, customer began attempting to do the same with avenir. The firm views this as a frivolous lawsuit.
