How much does it cost to bring a securities arbitration claim?
The cost of bringing a securities arbitration claim in Tennessee will depend heavily on the individual situation in question. Generally, you will have to pay an initial filing fee to initiate a claim. Depending on the type of claim you are filing, and the number of parties involved, this fee can range anywhere from a few hundred dollars to a few thousand. In addition, you might also have to pay a fee for every motion that you file, such as for an extension of time. You may also have to pay administrative fees for the services of the arbitrator or mediator assigned to the case. It is important to note that it is possible for the prevailing party in the case to be awarded reimbursement of all costs, including attorney’s fees and arbitration costs. In other words, the party who prevails in the case may be able to recover all of the costs associated with the filing of the claim from the losing party. To get a better idea of how much it will cost to bring a securities arbitration claim in Tennessee, it is best to speak to an experienced securities arbitration attorney. They will be able to provide an assessment of the costs associated with the case and any potential reimbursement of those costs.
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