Who is eligible to pursue a securities arbitration claim?

Securities arbitration claims may be pursued by any party involved in a securities transaction. This includes individuals and businesses who invested in securities, as well as brokers and securities dealers. In North Carolina, any dispute regarding the sale, purchase, or exchange of investments in securities is eligible for arbitration. This includes claims involving fraud, misrepresentation, negligence, failure to execute orders, improper advice, and breach of fiduciary duty among others. Under the North Carolina Uniform Securities Act, certain disputes involving the sale of securities must be submitted to arbitration. Individuals or businesses may file a claim for securities arbitration with the Financial Industry Regulatory Authority (FINRA). This is the largest independent regulator for securities firms in the United States. Any party involved in a dispute regarding security investments can submit a claim to FINRA. FINRA also has other forms of dispute resolution such as mediation, which is a less formal process and does not require an arbitration award. It is important to note that securities arbitration is typically binding and any dispute must be addressed through the proper process according to the specific state’s law. An experienced securities lawyer should be consulted to ensure proper procedure and outcome is achieved.

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Who is eligible to pursue a securities arbitration claim?

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