Rutherford, New Jersey, Securities Arbitration Lawyer
Our firm rarely litigates but we do lend our securities experience to assisting stock market customers with arbitrating and/or otherwise seeking to settle securities investment concerns such customers have with their participating brokers. Securities Arbitration and Mediation has embarked on a streamlining campaign. The NASD and the NYSE Arbitration regulatory units have combined to form FINRA. Procedures utilized within this Arbitration forum have a flexibility and more user-friendly , expedited character, from the litigation realm, that invites the customer's 'story' to be heard without being overburdened with the lawyering underlying an active motion practice. There is an ease of procedure to bring a client's case before the Arbitration Panel that assists greatly in having a claim considered timely and efficiently with full force of law but without most of the many technical roadblocks encountered in litigation and resulting time consumption. With brokerage firms now conforming to set fee periodic management compensation arrangements as versus the historical commission driven system - common claims from the past for churning and other commission driven complaints have diminished recently but suitability problems continue to exist and be actionable. The 'Know Your Customer Rule" is alive and well and the Shingle Theory whereby the brokerage community is considered and presumed to accept and acknowledge the risks inherent in the trust relationship they invite, remains intact. Arbitration can be a realistic alternative to litigation. In the regulated stock brokerage world arbitration is mandatory for the brokerage community and encouraged but not obligatory on the customer. Our U.S. Supreme Court has proclaimed and recognized the important role Arbitration plays in Securities disputes. Where the customer chooses to accept Arbitration we can be there to help.
Attorney Randall J. Perry has provided and offers securities arbitration representation to clients that are interested in pursuing an alternative to litigation in their dispute. Arbitration is required in disputes with brokerage firms. Nonetheless, arbitration offers a number of concrete advantages over litigation in most securities disputes. Arbitration is more flexible and user-friendly than litigation. The client is offered an opportunity to tell their 'story' to an independent mediator to be heard without excessive lawyering. But while the process is not as rigidly defined as a court case, the final decision is legally binding.
If you would like to seek a timely and efficient resolution to your securities issue, contact the Law Office of Randall J. Perry to learn if arbitration is right for your case.
The Law Office of Randall J. Perry
44 Union Avenue
Rutherford, NJ 07070
Ph: (201) 939-7200
Fax: (201) 939-7348
E-mail: randall@randalljperry.com