When you have a dispute with your broker, you might feel like you are in
over your head. You want to take the necessary steps to recover your losses,
but you may not know the best route to take. Broker disputes can be complex
and it is crucial that you work with an attorney who has experience in
this area of law. It is also important that you understand the various
dispute resolution processes, including securities mediation.
There are some other things that you need to know about mediation:
You can mediate a claim while an arbitration claim is pending with FINRA. In fact, this can be one of the best times to attempt to resolve a claim
The mediator cannot provide the other side with any information you share,
without your permission. You decide what information you want reviewed by the defense.
Mediation can, in some circumstances, lead to an early settlement. However, most securities fraud attorneys do not recommend participating
in the mediation process unless a FINRA arbitration is commenced, absent
You have a say in the selection of the mediator. The mediator will be a neutral third party who is agreed upon by both sides.
Mediation can sometimes help you identify the strengths and weaknesses
of your claim. Information from arbitration hearings may be able to help you build a
You may discover solutions you have not thought of before. According to FINRA, mediation presents new opportunities to settle.
There is no obligation to sign a settlement agreement. If you are not satisfied with the results of mediation, you can proceed
Securities Mediation Should Not Be Attempted Alone
You need to ensure that you have the best chances possible to recover your
losses. That means you need a securities mediation attorney on your side,
helping you build a strong case. For a free case evaluation, contact Meyer
Wilson, LPA by calling (888) 390-6491 or filling out our
online form. We represent investors nationwide in stockbroker mediation, arbitration
and litigation claims.