What types of documents do I need to provide if I pursue a claim against
my broker in securities arbitration?
The vast majority of all disputes brought by a customer against a broker
or brokerage firm are pursued through mandatory arbitration administered
by the Financial Industry Regulatory Authority (FINRA). As part of the
arbitration process, FINRA rules generally require that customers produce
the following documents to the opposing side as part of the “discovery” process:
- Personal and business tax returns for the three years prior to the transaction
mentioned in the claim
- Financial statements showing your assets, liabilities and net worth for
the last three years
Written correspondence to and from your broker and/or brokerage firm, including
account statements and confirmations
- Account statements and confirmations from accounts held at other securities firms
- Agreements and other signed documents relating to the account in question
- Account analyses and reconciliations
- Documentation of phone conversations
There are other documents that you might be required to provide, which
should be discussed with an experienced
stockbroker arbitration attorney. Your lawyer will be requesting numerous types of information and documents
from broker or brokerage firm named as a Respondent in the arbitration matter.
Attorney Dave Meyer gives more information on gathering the necessary documents
in this video.
Attorney Courtney Werning explains what happens to your documents once
we receive them in the video below.
Our securities fraud attorneys are licensed in Ohio, California, and Michigan,
and we represent investors nationwide in securities arbitration and litigation
claims. For a free case evaluation, contact us by calling or filling out our