Effective Securities Arbitration
It is no secret that a great deal of corruption has been uncovered in the securities industry over the past decade. This epidemic has helped to make arbitration the most widely used method to resolve disputes between public investors and financial advisors or brokerage firms. A skilled attorney from our firm can provide you with knowledgeable and experienced legal help.
Jonathan W. Evans devotes 95% of his practice currently to securities arbitration. It is our specialty. We have litigated hundreds of securities arbitration claims and tried more than 50 cases to a conclusion at the NASD. We are proud of our reputation for high ethical standards and legal skill amongst our peers.
Benefits of Having a Qualified Lawyer
The decision of the arbitrator is final and legally binding. Some of the advantages of securities arbitration are that it is far more efficient than securities litigation as well as being cost-effective. A trial can take years to complete, whereas securities arbitration can be completed within one year, normally at half the cost. The results are consistent with those conducted in court proceedings so, we can assume that arbitration provides the same degree of justice.
It is a common practice for many brokers to have clients sign a "pre-dispute arbitration agreement" as part of the initial contract with the broker, in which they agree to use arbitration as the means of settling disputes. Securities mediation can be effective, but the final settlement is not legally binding , so it doesn't necessarily put an end to the dispute.