Is there a way to expedite the hearing of securities arbitration claims?

Yes, there is a way to expedite the hearing of securities arbitration claims in Florida. Several options are available to those seeking a faster resolution. The simplest approach is to request an expedited hearing. Both the claimant and the respondent can request an expedited hearing. If both sides agree to expedite the hearing process, then the hearing date will be scheduled as soon as possible. It may take up to an additional two weeks for the hearing date to be set. Additionally, a party may request consolidation of arbitration claims with similar facts. Consolidation of claims may reduce the amount of time spent in arbitration by eliminating redundant hearings. This approach may also reduce the total amount of fees involved in the arbitration process. Additionally, the parties may also enter into a mediation agreement. In this instance, a third-party mediator will try to negotiate a settlement between the parties. Mediation is less costly than arbitration and is often a more expedited process. Finally, parties may enter into a binding arbitration agreement. This is similar to mediation in that a third-party arbitrator will resolve the dispute. However, the agreement is binding, meaning that the parties must abide by the arbitrator’s ruling. This is often the fastest way to resolve securities arbitration claims. Overall, there are several ways to expedite the resolution of securities arbitration claims in Florida. Requesting an expedited hearing, consolidating similar claims, and entering into a mediation or binding arbitration agreement can all help to speed up the process.

Related FAQs

Is there a difference between a tentative and a final award in a securities arbitration proceeding?
Is it possible to challenge a securities arbitration award in a court of law?
What are the benefits of settling securities arbitration claims?
What happens if the parties to a securities arbitration case do not agree to a settlement?
Is there a way to disqualify an arbitrator in a securities arbitration case?
What issues can be addressed in a securities arbitration hearing?
What is the process for submitting an award to a court following a securities arbitration?
Are there any time limits on filing a motion to vacate a securities arbitration award?
What is the FINRA dispute resolution process?
Are there any grounds for setting aside a securities arbitration award?

Related Blog Posts

A Guide to Understanding Securities Arbitration Law - July 31, 2023
Navigating Your Securities Arbitration Case: Step-by-Step Guide for Investors - August 7, 2023
Securities Arbitration: How to Make the Most of Your Claim - August 14, 2023
Securities Arbitration 101: Understanding the Basics of Investor Claims - August 21, 2023
Explaining the Role of Arbitrators in the Securities Arbitration Process - August 28, 2023