Is a FINRA arbitration decision binding?
Yes. The arbitrators will analyze the evidence that was presented and arguments
that were made during the arbitration proceedings. A decision will then
be reached, known as the award. The award is binding, but there are some
limited circumstances when the court can review it.
Since securities arbitration is binding, it is crucial that you take the
time to gather as much evidence as possible to build a strong case. You
should have documents and witnesses ready to support your claim, including
the damages that you are pursuing. An experienced
securities arbitration attorney will help you level the playing field against the sophisticated defense
attorneys that the brokerage firm will hire to defend the claim.
investment fraud attorneys at Meyer Wilson represent investors throughout the country in securities
arbitration and litigation claims. Contact our office or complete our
online form to receive a free case evaluation.
Learn more about FINRA arbitration by watching the video below.
You can also learn more about the differences between FINRA Arbitration
and FINRA Complaints by watching attorney Courtney Werning's video.