Do securities arbitration awards require payment of costs and attorney fees?

Securities arbitration awards may require payment of costs and attorney fees. In the state of Washington, and in most other states, the courts have held that securities arbitration awards may require payment of costs and attorney fees. Depending on the type of dispute, the arbitration award may include a variety of costs and fees. For example, if the arbitrator determines that one party should be held responsible for any legal fees incurred in filing the arbitration, or for any costs or expert witness fees associated with the proceedings, those costs and fees would be required to be paid. If a party is found to have acted in an unethical manner, the arbitration award may also include punitive damages or an order to pay the other party’s attorney fees. Ultimately, a securities arbitration award may require payment of costs and attorney fees depending on the circumstances of the dispute.

Related FAQs

Is the evidence presented in a securities arbitration hearing the same as in court?
Who is eligible to pursue a securities arbitration claim?
Can a securities arbitration award be overturned by a court?
Is there a limitation on the amount of damages that can be awarded in a securities arbitration case?
What is the process for collecting a securities arbitration award?
What is the standard of proof used in securities arbitration?
What is the FINRA dispute resolution process?
Are there any grounds for setting aside a securities arbitration award?
Is there any way to avoid the costs associated with securities arbitration?
Is there a right to a jury trial in a securities arbitration case?

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