FINRA Arbitration Process

When you lose money on the stock market or another investment due to the reckless or negligent actions of another, you may be able to recover these losses. Contact a qualified investment loss lawyer to help you through the FINRA arbitration process.

The Financial Industry Regulatory Authority (FINRA) is responsible for overseeing stockbrokers, financial advisors, and brokerage firms. When these professionals fail to follow the rules and regulations of the financial and securities markets, their investors often endure significant financial losses. Fortunately, FINRA provides opportunities to recover these losses.

At Wolper Law Firm, P.A., we are committed to seeking full restitution for the stock and investment losses our clients have suffered due to their brokers’ misconduct or negligence. With a local FINRA lawyer by your side, you will have a greater chance to obtain the compensation that is rightfully yours.

Why Choose FINRA Arbitration

FINRA arbitration is similar to court proceedings in a number of ways. First, both the investor and the respondent have the right to present their case before the arbitrator(s). Then, once both parties’ cases are heard, the arbitrators will retire to deliberate, like a jury. However, there are several differences that often make arbitration a better option for investors.

First, arbitration decisions are not generally eligible for an appeal. In court, you can appeal verdicts that don’t come down in your favor. The same is true with the informal FINRA mediation process, which doesn’t bind the disputing parties to a particular agreement until they sign a settlement form. However, arbitration is often favored over a court case because the entire process can be completed in as few as 18 months, and awards can be issued within 30 days of a decision. 

In court, the appeals process can mean it would be years before you receive a final decision. Then, it can take even longer before you see your restitution, if ever. Your FINRA arbitration attorney will analyze the details of your case to determine the best option for your financial recovery before moving forward. 

What to Expect from Your FINRA Arbitration Hearing

Your FINRA arbitration hearing is your opportunity to present evidence to support your claims against your brokerage firm, financial advisor, or broker. Fortunately, the securities industry is often well-documented, so the ability to provide the arbitrators with your financial statements will go a long way in your hearing.

The respondent will also be defending their decisions to the arbitrators, so you can expect them to try to avoid being found liable for the losses you endured. After the hearing, the arbitrators will independently review all the evidence before issuing a decision.

How a FINRA Arbitration Lawyer Can Help

When your experience with your broker or brokerage firm has left you questioning whether they could be at fault for your financial losses, you might be considering FINRA arbitration or mediation to resolve the dispute

However, you don’t have to go through the process alone. An experienced attorney can help by bringing their unique knowledge, experience, and negotiating skills to the table. 

In addition, an arbitration lawyer can help you prepare and file all necessary documentation, ensure that evidence relevant to your case is heard by the arbitrator or panel, and fight for you to secure maximum restitution. 

Whether you ultimately decide on arbitration or a mediator-brokered settlement, engaging an experienced attorney can help you move forward with confidence.

Meet with a FINRA Arbitration Lawyer

If you have additional questions about the FINRA arbitration process, or if you are ready to seek the restitution that you deserve, contact a qualified FINRA arbitration lawyer at Wolper Law Firm, P.A. so we can further discuss your legal options for financial recovery. You can reach our office through the secure contact form we have included below or by phone at 800.931.8452.

Attorney Matthew Wolper

Attorney Matthew WolperMatt Wolper is a trial lawyer who focuses exclusively on securities litigation and arbitration. Mr. Wolper has handled hundreds of securities matters nationwide before the Financial Industry Regulatory Authority (FINRA), American Arbitration Association (“AAA”), JAMS, and in state and federal court. Mr. Wolper has handled and tried cases involving complex financial products and strategies ranging from traditional stocks and bonds to options, margin and other securities-based lending products, closed/open-end mutual funds, structured products, hedge funds, and penny stocks. [Attorney Bio]