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, we are committed to seeking full restitution for the stock and investment losses our clients have suffered due to their broker’s misconduct or negligence. With our firm 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. However, arbitration is often favored because the entire process can be completed in as few as 18 months, and awards 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 lawyer 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.

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 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.