New York City lawyers Fighting to recover investor losses since 2004
Skyscrapers at midtown New York City with the East River on the background
New York City Lawyers Fighting to recover investor losses since 2004

Broker Fraud & Securities Arbitration

Broker Fraud & Securities Arbitration Investors who lose money as the result of careless mistakes or intentional fraud by their stockbrokers or financial advisers may be eligible to recover their losses through a process known as arbitration. Arbitration claims can involve all types of investments, including stocks, bonds, annuities, and mutual funds.

Most customer claims against stockbrokers and financial “advisers” or “consultants” are required to be brought in arbitration before the Financial Industry Regulatory Authority, also known as “FINRA.” rather than in court. The cases take about one year to complete and are decided at a hearing before either one or three arbitrators, depending on the size of the claim. Hearings are held throughout the United States. The arbitrators come from all walks of life but are predominantly active or retired attorneys and securities industry professionals who are appointed with the input of the parties.

Approximately 60% (or six out of ten) FINRA arbitration cases nationwide are resolved via settlement. Of the cases that go to a final hearing before the arbitrators, claimants and public investors have historically won about half and lost about half.

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Client Reviews
Chris did a great job with my case. He managed my expectations in the beginning of the process, consulted me along the way and always made sure I knew the advantages and disadvantages of decisions we collectively needed to make. He is very knowledgable about the finanical industry and how they work legally, which very much helped me and my legal initiative successful. Chris is straight-forward and doesn't mess around. I was very please with his professionalism and the outcome of my case, and would recommend him to anyone that is pursuing action against any company in the financial services industry. Greg
Chris displayed extreme professionalism. His dedication, research, and concern for his clients pocket book was displayed to the fullest when Chris tried my case. His diligence and perserverance were rewarded when we won our case. I have reccommended Chris to numerous friends who have concurred with my positive assessment. Jay
Chris became my lawyer for a FINRA Arbitration case in 2008. He listened to my complaint, filed notice soon after and engaged an expert witness. We discussed mediation, found it to be agreeable and approached the defendant who at first agreed and at the last minute reneged. At all times Chris kept me informed of the process, costs and developments. Andrew