How long does it take to resolve a securities arbitration claim?

Resolving a securities arbitration claim in California can take about one to two years. This is because the process is very complex and requires the involvement of many different professionals such as attorneys, arbitrators, and financial advisors. First, a claim must be filed with FINRA or the Financial Industry Regulatory Authority. This organization is responsible for enforcing the rules of the securities market and arbitrating disputes between investors and brokers. After the claim is filed, FINRA will review the case and decide whether to move forward with arbitration. Once the decision is made to proceed with arbitration, the parties involved in the dispute will submit their legal briefs and arguments to a panel of arbitrators. The arbitrators will then hold hearings and examine evidence to determine if there is a valid claim before coming to a decision. During the hearing, the arbitrators will have the authority to assess fines, dismiss the case, or award money damages to the investor. Finally, the arbitrators will issue a decision, often in the form of a written award. Once the decision is issued, it becomes a binding contract that both parties must follow. The amount of time for resolution can vary depending on the specifics of the case, but many securities arbitration claims can be resolved within one to two years.

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