Is a FINRA arbitration decision binding?
| November 18, 2019
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.
The 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.