What remedies are available to parties to a securities arbitration case?
In a securities arbitration case in Florida, the remedies available to the parties depend on the case itself. Generally speaking, the remedies can include both damages and injunctions. Damages in a securities arbitration case may include compensatory damages to make up for losses sustained, such as lost profits, or punitive damages which are meant to punish one party and deter them from acting in a similar manner in the future. Injunctions, on the other hand, may be requested to prevent a party from doing something, such as trading a particular security. In addition, the arbitrator may also order other equitable remedies, such as rescission or restitution. Rescission is the legal term for canceling a contract, while restitution requires a party to return or restore something to its original state. The remedies available in a securities arbitration case will depend on the facts and circumstances of the case itself and the remedies available to the parties. In summary, the remedies available to parties in a securities arbitration case in Florida can include damages, injunctions and other equitable remedies such as rescission or restitution. The particular remedies available in any given case will depend on the facts and circumstances of the case itself.
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