Silver Law Group Represents Victims of Stockbroker Misconduct with Losses Under $50,000
Recently, there has been a change in regulations pertaining to FINRA arbitration claims. It has been noticed that there are many claims of stockbroker misconduct that are below $50,000 in damages, whose victims would like a swift and cost-effective resolution in FINRA arbitration proceedings to ensure the maximum amount of recovery from their losses. This is precisely why FINRA has released new protocols to support these sort of FINRA arbitration claims to best protect citizens from investor fraud. As a result, Silver Law Group, has made its legal services available to those seeking to complete FINRA arbitration proceedings for claims under $50,000. In order to learn more about the pertinent changes and how Silver Law Group can help, review the information below:FINRA's New Small Claims Arbitration Process
One of the primary objectives of FINRA was to create a new system where claims can have a swift resolution in amounts that are under $50,000. What this means for potential claimants is that they will have a situation where there is only one arbitrator hearing their case. They will be able to select two options, the first being to have a traditional hearing or the second, to have a Special Proceeding that is held over the telephone. For the parties that do opt for the Special Proceeding option, they will have particular time constraints for the parties to present their claims. In order to make this clear and effective, FINRA has also created a hearing script so that the parties can prepare and get the best possible delivery of their arguments to be considered fairly and effectively by the arbitrator. Claimants who opt for these new procedures will be able to have a cost-effective and prompt resolution to their claims, which will save them a great deal of capital when their amount in dispute is less than $50,000. What is important to remember is that once the amount in dispute rises above $50,000, these new regulations no longer apply.How Silver Law Group Can Help You Recover
If you or someone in your family has been a victim of investor fraud has lost a substantial amount of capital, it is highly recommended to speak with an attorney to explore potential recovery of your lost investment capital. Silver Law Group is a securities and investment fraud law firm that is recognized nationwide for its success with helping investors recover their funds lost from misconduct of brokerage firms. Silver Law Group is dedicated to representing the interests of investors who have been victims of investor fraud and to help those investors recover the capital that they have lost regardless of whether the amount in dispute is above or below $50,000. According to the rules set out in the securities industry, there is a possibility to recover using FINRA arbitration. Our firm represents investors looking to recover in FINRA arbitration claims and the entire recovery process on a contingency fee basis. If you have questions regarding your potential for recovery or legal rights, please contact Scott Silver or the Silver Law Group for a complimentary consultation at email@example.com or toll-free at (800) 975-4345.