What is the standard of proof used in securities arbitration?
In Texas, the standard of proof used in securities arbitration is the preponderance of the evidence standard. This means that the party bringing the claim must show that their version of the facts is more likely than not true. When making a decision, the arbitrators will evaluate the evidence presented by both sides and decide whether the claimant has established their case by a preponderance of the evidence. To prove this, the party bringing the claim must present facts and evidence that make their version of the facts more probable than not. This could include testimony from witnesses, documents, and industry expertise. The preponderance of the evidence standard is the most commonly used standard of proof in civil cases in the United States. This standard is less demanding than the “beyond a reasonable doubt” standard used in criminal cases and the “clear and convincing” standard used in some civil cases. As a result, the preponderance of the evidence standard is much easier for the party bringing the claim to meet. The preponderance of the evidence standard is an important part of the securities arbitration process and allows claimants to have their cases heard even if there is not overwhelming evidence in their favor. This standard of proof ensures that the claims of investors can be heard and adjudicated fairly.
Related FAQs
Are there any restrictions on the arbitrators who can handle a securities arbitration case?Who pays for the costs of securities arbitration hearings?
What is the process for submitting an award to a court following a securities arbitration?
Is there a way to expedite the hearing of securities arbitration claims?
What is the scope of a securities arbitration award?
Is it possible to have a securities arbitration award overturned?
Does securities arbitration provide the same protections as a court of law?
How does securities arbitration law protect investors?
What is securities arbitration law?
What is the role of securities arbitration lawyers?
Related Blog Posts
A Guide to Understanding Securities Arbitration Law - July 31, 2023Navigating 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