Is there a way to modify a securities arbitration award?

Yes, a party may try to modify a securities arbitration award in Alabama. Modification can be requested if the party discovers new evidence or information that could affect the outcome of the case. A party may also request a modification if they discover that the original award contained a mistake or was based on an inaccurate fact. To modify a securities arbitration award in Alabama, the party must file a motion to modify the award with the court. The court will review the motion and evidence presented by the party. If the court determines that the motion is valid, and the evidence is substantial enough to change the ultimate outcome of the case, the court may modify the award. It is important to note that modifications of an arbitration award must be made within a certain period of time. In Alabama, a party must file a motion to modify an arbitration award within 90 days of the award being handed down. If a party fails to do so, the award will remain unchanged. Overall, it is possible to modify a securities arbitration award in Alabama. To do so, the party must file a motion to modify the award within 90 days of the award being handed down, and must provide substantial evidence in support of the motion. If the court finds that the motion and evidence are valid, it may modify the award.

Related FAQs

Is there a way to modify a securities arbitration award?

Related FAQs

Related Blog Posts