You believe you are the victim of investment fraud and want to hold a liable party accountable for their actions. The arbitration process of the Financial Industry Regulatory Authority (FINRA) could be a viable option. To find out, consult with a Columbus FINRA arbitration lawyer who can help you determine if now is the right time to initiate arbitration.
Meyer Wilson has more than 75 years of combined legal experience on staff. Let an investment fraud lawyer in Columbus from our legal team teach you about FINRA arbitration and all that it entails. Contact us for more information.
What is FINRA Arbitration?
This refers to a formal process in which you attempt to resolve a financial dispute outside the courtroom. During this process, parties typically present their respective case to a panel of one to three arbitrators. From here, arbitrators account for each party’s point of view and make a decision that can be considered final.
A Columbus FINRA arbitration attorney can answer any questions you have about this process. They can walk you through the steps of how to file an arbitration with FINRA. Your lawyer will represent your best interests and protect your legal rights as the arbitration process moves forward.
Meyer Wilson has recovered over $350 million for our clients nationwide. We can help you weigh the pros and cons of FINRA arbitration and address any concerns you have about it. Discuss your case with our team.
We Have Recovered Over
$350 Million for Our Clients Nationwide.
FINRA Arbitration Benefits
Consult with a FINRA arbitration lawyer in Columbus, OH, to explore your legal options. There are times when an attorney may advise their client to consider arbitration to recover compensation for their losses. Benefits of FINRA arbitration can include:
Time Savings
The legal system receives many trial requests, and it could take r years before your case goes to court. Arbitration generally requires less time than a trial. This is due in part to the fact that you have input into the FINRA arbitrator selection process and other aspects of your legal proceedings.
Fairness
There are protections in place that help ensure a FINRA arbitration ruling is fair and unbiased. Once a decision is made, FINRA arbitration is binding. This means it can be extremely difficult for the other party in your case to find grounds to try to overturn a ruling that goes against them.
If you are unsure about whether it is in your best interests to pursue arbitration, consult with a lawyer. A FINRA arbitration attorney in Columbus, OH, can help you make informed legal decisions. They can go through the arbitration process with you and ensure you understand what can happen each step of the way.
How the Columbus FINRA Arbitration Process Works
A FINRA arbitration lawyer can describe FINRA’s arbitration process in depth. They can detail the short- and long-term ramifications of this process and help you avoid mistakes along the way. Here are the steps of this process.
Submit Your Claim
As the claimant, you file a claim that explains your dispute, complete a submission agreement, and pay a filing fee. A respondent will receive a Claim Notification Letter with information about your claim. They have up to 45 days to respond.
Choose Your Arbitrators
You can receive a list of possible arbitrators from FINRA. As you review this list, you can strike arbitrators from the list and rank them in order of preference. It ise beneficial to assess potential arbitrators with a lawyer.
Attend a Pretrial Hearing
The arbitrators and lawyers representing the parties involved in your case discuss procedural issues and select hearing dates. Next, the discovery process begins. At this point, you and the respondent search for evidence to support your respective arguments.
Participate in Final Hearing and Receive a Decision
In-person, video, or telephonic hearings can be held. Hearings are recorded. After arbitrators review your case and deliberate, they will render a decision, and you will find out if they have ruled in your favor.
Choosing to pursue compensation based on investment fraud can be challenging even if you decide on arbitration. Fortunately, a FINRA arbitration attorney commits time and resources to your case. They will support you throughout the arbitration process and help you prepare an argument that makes it clear you deserve compensation.
Our lawyers are nationwide leaders in investment fraud cases.
Our Columbus FINRA Arbitration Lawyers are Focused on Getting You the Results You Want
FINRA arbitration is tricky. Legal help is available to those considering arbitration or currently involved in it. Work with a FINRA arbitration lawyer, and they will help you tackle any legal challenges you face.
Meyer Wilson has the firepower necessary to level the playing field against Wall Street. Give our lawyers the opportunity to represent you in FINRA arbitration. Schedule a consultation with our attorneys.
Recovering Losses Caused by Investment Misconduct.