How much does it cost to bring a securities arbitration claim?

Securities arbitration is a type of legal dispute resolution where investors seek to resolve conflicts with their brokers, investment advisors, or other financial entities. In Kansas, the cost of bringing a securities arbitration claim will depend on the specific circumstances of the case and the complexity of the issues involved. Generally, securities arbitration cases are handled through the Financial Industry Regulatory Authority (FINRA) and the fees associated with filing a claim must be paid up front. This includes a filing fee that is typically around $200, as well as the cost of a FINRA- designated arbitrator, which is usually about $400 to $500 per hour. In addition, attorneys’ fees and other miscellaneous costs may also be incurred. For complex cases, these costs can range into the thousands of dollars. If your claim is successful, however, FINRA provides a mechanism to recoup your expenses via an award of costs.

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