What are your chances of winning at securities arbitration? Are you considering pursuing your stockbroker or brokerage firm through arbitration after suffering investment losses which you consider to be unjustified? Do you believe your stockbroker misled you about the risks involved or persuaded you to make unsuitable investments? Did your broker churn your accounts or take risks with your fund through unauthorized investments?
Discuss your potential securities arbitration case with an experienced securities fraud arbitration attorney at the law offices of Dimond Kaplan & Rothstein, P.A., serving Miami, West Palm Beach, Ft. Lauderdale, the entire state of Florida, New York, Los Angeles, and clients throughout the U.S., Mexico, Argentina, Brazil, Venezuela, and throughout Central America, and South America. Our lawyers represent investors who have suffered unjustifiable losses as a result of stockbroker misconduct.
Arbitration is considered by many to have advantages over securities litigation. In some cases, arbitration is required. However, settlements agreed to through arbitration are driven by expectations about what would happen if a case were taken to the final hearing in arbitration (the trial).
Discuss your investment losses with a lawyer at Dimond Kaplan & Rothstein, P.A. Consider how securities arbitration statistics may help predict the outcome in your case if you take your case to arbitration.
Summary of FINRA Arbitration Statistics Through March of 2010
New Case Filings Since 2000
In 2000: 5,558
In 2001: 6,915
In 2002: 7,704
In 2003: 8,945
In 2004: 8,201
In 2005: 6,074
In 2006: 4,614
In 2007: 4,982
In 2008: 7,704
In 2009: 7,137
In 2010: 1,483 (through March)
Turnaround Time (in Months)
(Note: The timing of the arbitration process is heavily influenced by the FINRA Code of Arbitration Procedures time limits, the parties and the arbitration panels.)
2008: Overall: 13.9; Final Hearing 16.5
2009: Overall 11.8, Final Hearing 15.6
2010: Overall 12.0, Final Hearing 14.3
Percentage of Cases Where Investors Were Awarded Damages*
*This includes only those cases ruled on by arbitrators. This does not include cases that were settled.
2005: 43% (687 cases)
2006: 42% (425 cases)
2007: 37% (245 cases)
2008: 42% (199 cases)
2009: 45% (304 cases)
2101: 49% (88 cases)
Contact Dimond Kaplan & Rothstein, P.A., to schedule a consultation regarding procedures, statistics and likely outcomes in your potential securities arbitration case.
