What happens if the parties to a securities arbitration case do not agree to a settlement?

If the parties to a securities arbitration case in Tennessee do not agree to a settlement, the case will go to a hearing before a neutral arbitrator or arbitration panel. This means that each party will present their case and evidence to the arbitrator or arbitration panel. The arbitrator or arbitration panel will review the evidence and make a decision in the case. The decision is legally binding and can include an award of damages, reinstatement of an individual to a job, or some other action. It is important to note that decisions made in securities arbitration are generally final and cannot be appealed to a court. This means that the parties are stuck with the decision of the arbitrator or arbitration panel or will need to take additional legal action if they disagree with it. Additionally, the court system will not review the merits of the case, only the procedural issues of the arbitrator or arbitration panel. To be sure, arbitration can be a fast and cost-effective way to settle a securities dispute in Tennessee. However, parties should make sure to thoroughly research the arbitration process and think carefully before entering into it. It is important to understand that if a settlement cannot be reached, the decision of the arbitrator or arbitration panel will be binding.

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What happens if the parties to a securities arbitration case do not agree to a settlement?

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