** Stifel Financial SF.N stock down 2.9% after co ordered to pay $132.5 mln for misrepresenting risk of complex structured notes
** Financial Industry Regulatory Authority arbitration panel awarded $26.5 mln in compensatory damages, $79.5 mln in punitive damages, and $26.5 mln for legal fees to the Jannetti family
** Value of the notes was linked to the SPDR S&P Biotech ETF XBI.P and stocks including DocuSign DOCU.O, Dynatrace DT.N, Palantir Technologies PLTR.O and Twilio TWLO.N
** Stifel plans to appeal, arguing the Jannettis were experienced investors who understood risks and only complained after losses
** SF's stock has declined about 13% YTD, compared to a 6% fall in S&P 500 .SPX
** Stock is about 23% below its 52-week intraday high of $120.27 reached on Jan. 30, 2025
** Stock recently traded at 11 times expected earnings, in line with its 5-year avg forward PE of 11, per LSEG data
(Reporting by Noel Randewich)
((noel.randewich@thomsonreuters.com))
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