What to Expect from Arbitration
So you have identified a problem with a security you purchased or investment advice you received and you are considering retaining the Vernon Litigation Group to represent you. What should you expect if your customer agreement includes a provision that takes your case out of court and into the arbitration arena.
Arbitration is a method of resolving a dispute between two or more parties by neutral, qualified individuals, who serve as decision-makers after weighing the facts of each case presented. There are certain laws governing the conduct of an arbitration proceeding. The most important of these is perhaps the fact that an arbitration award is final and binding, subject to review by a court only on a very limited basis.
Many cases are settled before they ever get to the final hearing. However, you may want to familiarize yourself with the procedure, so you can ask us any questions you may have. Click here to visit the Financial Industry Regulatory Authority (FINRA) website outlining important information about the arbitration process.
Of course, at the Vernon Litigation Group we are happy to explain every step of the arbitration process and answer any questions you may have.