Why choose mediation?
Mediation is an alternative form for dispute resolution to securities arbitration or
securities litigation. There are many advantages to mediation. Much of your decision will be based on the circumstances of your particular case. A dedicated attorney from our firm can provide valuable counsel about all the forms of dispute resolution and which is best for you.
Securities mediation and arbitration are both much less costly than litigation. Mediation is a very informal process wherein the mediator discusses possible solutions and tries to help the disputing parties come to an agreement beneficial to both. Mediation is completely voluntary and the suggested solutions by the mediator are not legally binding. If one party, or both, does not accept the proposed solution, they can pursue other methods of resolution.
Looking at Your First Step in Mediation
The first step of mediation is to select a mediator. Both parties must agree on the mediator as unbiased and experienced in dispute resolution. In the first session, you or your legal representative and the opposing party will present the facts as you see them. You will then have the opportunity to meet with the mediator separately. The mediator, having heard both sides, will work with you to find an agreement that both parties approve. The Financial Industry Regulatory Authority (FINRA) reports that 75-80% of all securities mediations reach a successful resolution.
Between mediation and arbitration, mediation costs less and takes less time to complete. Our firm has been helping and representing investors in securities mediations, arbitrations and litigations for over three decades. We have helped many and we take pride in our record of successful resolutions. We represent investors within the U.S. and also worldwide.