What types of damages can be awarded in a securities arbitration case?

In Tennessee, damages awarded in a securities arbitration case are generally the same as those available in civil cases. If an investor has suffered financial harm due to investment misconduct, he or she could be entitled to damages in the form of compensatory damages, punitive damages, and/or nominal damages. Compensatory damages are intended to make the investor whole again, meaning that he or she will be reimbursed for the amount of money lost as a result of the misconduct. Compensatory damages can include money spent to cover investment losses, attorney’s fees, and interest on any unpaid amounts. Punitive damages are intended to punish the wrongdoer for the misconduct and are usually only awarded when the misconduct was particularly egregious. Nominal damages are awarded when no financial harm has been done, but the wrongdoer still violated the law. They are usually a small amount of money to signify that the wrongdoer was found to be in the wrong. The amount of damages that an investor can receive in a securities arbitration case in Tennessee will depend on the facts of the case, so investors should consult an experienced securities arbitration attorney to evaluate their case and determine the appropriate damages to seek.

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