What remedies are available to parties to a securities arbitration case?

In Georgia, parties to a securities arbitration case have several legal remedies available to them. These include: 1. Award of Damages: An arbitrator may award monetary damages to a party for losses incurred. This may include compensatory damages, punitive damages, and/or other forms of damages as allowed by securities arbitration law. 2. Award of Specific Performance: An arbitrator may award specific performance, which is an order for the parties to perform the duties specified in their agreement. 3. Award of Statutory Penalties: If the other party did not live up to their responsibilities, an arbitrator may award statutory penalties prescribed by securities laws. These penalties may include fines, restitution, or other measures. 4. Award of Injunctions: Injunctions are court orders that prevent a party from taking a certain action. This is commonly used when a party wants to prevent someone from selling their shares in a particular company. 5. Award of Attorneys’ Fees: Depending on the agreement between the parties, an arbitrator may award attorneys’ fees to one or both parties. 6. Award of Interest: An arbitrator may order a party to pay interest on a damages award. This is usually on top of any other form of damages awarded. In general, parties to a securities arbitration case have several remedies available to them. The remedies that are available depend on the terms of the dispute and the specific laws that govern the case. Before a case is decided, it is important for each party to consult with an experienced attorney to understand their rights and potential remedies.

What remedies are available to parties to a securities arbitration case?

Related FAQs

Related Blog Posts