FINRA Arbitration Attorneys Answer Miami Investors’ Questions

Aggressive representation for victims of stock broker negligence in Florida and nationwide

If you would like to pursue a negligence or fraud claim against your broker, advisor or investment firm, you may have to do so through arbitration. The FINRA arbitration attorneys at The Frankowski Firm offer experienced representation for Miami clients who are looking to resolve their dispute through FINRA’s arbitration process. Our clients enjoy the benefits of working with a team that has more than 15 years of experience helping claimants obtain awards in both simplified and full panel arbitrations. With some of the best financial experts at our disposal, we investigate claims and prepare compelling cases to convince arbitrators of their validity.

What is FINRA arbitration?

FINRA arbitration is an alternative dispute resolution process used by the Financial Industry Regulatory Authority (FINRA) to resolve disputes between investors and brokerage firms.

Why am I limited to arbitration for a securities fraud or negligence claim?

The contract most investors sign when they become customers of a brokerage firm typically includes an arbitration agreement, which means that should you become involved in a dispute with a brokerage firm, you are required to use FINRA’s arbitration or mediation process to resolve it. If your contract does not have this clause or agreement, you may be able to seek damages through litigation.

Is there a time limit for filing a claim for arbitration?

A FINRA arbitration must be filed within 6 years of the event that gave rise to the cause of action. However, you should discuss your options for filing a claim with your attorney as soon as possible because there could be other statutes of limitations that apply in your case with a much shorter deadline than the FINRA six-year deadline.

Where can I find a complete overview of the FINRA arbitration process?

FINRA has published an online booklet called “What to Expect” FINRA’s Dispute Resolution Process. There you will find detailed information about how your claim moves through the system. You can also read our explanation of the process.

What is mediation?

Mediation is another alternative dispute resolution process that uses a neutral, third-party mediator works with the two parties to facilitate a mutually agreeable solution. The resulting agreement is not final until both parties sign the agreement.

Am I required to hire a lawyer to file an arbitration claim?

A claimant is not required to hire a lawyer under FINRA rules. However, given that the arbitration process is a formal one with its own Code of Arbitration, not being represented by an experienced securities arbitration attorney will likely put you at a disadvantage.

The FINRA arbitration legal team at The Frankowski Firm have an enviable record of success in the FINRA arbitration process. We are familiar with the process and with the strategies that respondent’s attorneys often employ. The firm is determined to hold brokers accountable for mismanagement, malpractice and fraud when it causes investment losses for our clients.

Schedule a free consultation in Miami with an experienced FINRA arbitration lawyer today

At The Frankowski Frim, we take pride in standing up for investors who are victims of corporate greed. Let us fight for you.  To schedule an appointment in the Miami area, contact us at 888-741-7503 or complete our contact form.

Types of Cases We Handle

Our attorneys handle a variety of cases, including: