Handling FINRA Arbitrations
The Financial Industry Regulation Authority (FINRA) is an organization that is designed to help regulate the financial industry of investors and brokers. Arbitration through the FINRA takes place when someone files a complaint against an investor or broker for fraudulent dealings.
The FINRA does not individually represent each person in arbitration, however, and having an attorney help you with your case against the other party will greatly benefit you during the arbitration process.
The Basics of a Financial Case Dealing
The FINRA considers cases valued under $25,000 to be "small claims." This means there will not be a trial and only one person will decide your case. Cases valued over $25,000 involve a 2-3 day hearing, at which time your attorney will be able to argue your case, much like in a courtroom setting.
Having an experienced attorney will increase your chances of winning your case, and recovering money you may have lost due to the fraudulent dealings of the other party. Cases of this magnitude are not to be taken lightly and even if you think you have a solid case, having an attorney go over your case with you will only further strengthen it.
AV® Rated Texas Overtime Lawyers
At Sloan, Bagley, Hatcher & Perry, we have over 100 years of combined experience in all areas of business law. In addition to overtime law, we have helped our clients over the years with their
wage garnishment cases and their FINRA arbitration cases. If you have been the victim of a bad investment due to the illegal and fraudulent actions of the other party, the only way to recover your funds is to seek legal action against them.