How much does it cost to bring a securities arbitration claim?
In Oregon, the cost of bringing a securities arbitration claim can vary depending on the specifics of the dispute and the complexity of the case. Generally, the costs of filing a claim, including filing and administrative fees, as well as legal fees, can range from $1,000 to $7,500 or more. The cost of legal representation can add up very quickly if the case involves multiple parties or an unusually complex legal issue. The American Arbitration Association (AAA), which provides arbitration services in Oregon, has a detailed fee schedule, which you can consult before deciding to pursue a securities arbitration claim. In addition to filing fees and legal fees, you may also be required to pay a fee to the arbitrator for the time spent on hearing your case. This fee can range from $1,500 to $5,000 or more. Of course, if you win your arbitration case, you may be able to recover some of these fees from the other party. However, this will depend on the specifics of the case, so make sure to consult an experienced securities attorney before you decide to proceed with your claim.
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