How long will a securities arbitration hearing take?

The duration of a securities arbitration hearing can vary depending on the complexity of the matter. In West Virginia, the arbitration hearing will typically take a few days to resolve, but can last up to several weeks if the case is more complex. An arbitration hearing may consist of pre-hearing conferences, hearings, exchange of documents, and witness examinations. The West Virginia State Securities Commission (WVSSC) has specific guidelines for conducting arbitration hearings. In West Virginia, the WVSSC will set the duration of an arbitration hearing and the procedure to follow. Typically, the duration of the arbitration hearing will be determined by the number and complexity of the issues presented and the amount of evidence to be presented. The hearing may be continued or adjourned. At the arbitration hearing, the parties will present evidence and witness testimony in support of their claims. The arbitrator or arbitrators will consider the evidence and make a determination as to whether the investor has a valid claim. The arbitrator will then render a decision, which may be in the form of an award or settlement agreement. The entire process of the arbitration hearing can typically take several months to resolve. The outcome of the arbitration hearing is non-binding, meaning that either party may appeal it if they are dissatisfied with the decision. If a successful appeal is filed, the case could take longer to resolve.

Related FAQs

How long will a securities arbitration hearing take?

Related FAQs

Related Blog Posts