What remedies are available to parties to a securities arbitration case?
In a securities arbitration case in Texas, parties may be able to pursue various remedies depending on their case. First and foremost, both parties may be able to seek monetary remedies (i.e. monetary damages), which can help make up for lost wages, investments, or other losses connected to the dispute. Secondly, parties may be able to pursue non-monetary remedies (i.e. injunctive relief) through the court system. These remedies are not for money, but rather are designed to stop the other party from engaging in specific actions or behaviors. Additionally, parties may be able to seek restitution, which is the return of property or assets lost during the dispute. Finally, parties may have the right to have their legal costs covered by the other party if awarded by the court. In conclusion, parties in a securities arbitration case in Texas may be able to pursue various remedies such as monetary damages, non-monetary relief, restitution, and coverage of legal costs. It is important to keep in mind that each case is different, so it is important to consult a lawyer in order to understand the specific remedies available for each case.
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