What are the timelines for filing a securities arbitration claim?

Filing a securities arbitration claim in New Hampshire follows a specific timeline that must be adhered to by any investor seeking compensation. Generally, the steps involved in filing such a claim are as follows: First, the investor must file a Statement of Claim with the American Arbitration Association or the Financial Industry Regulatory Authority, depending on the circumstances of the dispute. This statement must be filed within six years of the incident that was the subject of the dispute. The claimant must also pay a filing fee and provide evidence to support their claim. Second, the respondent has a chance to reply to the Statement of Claim. A hearing will then be scheduled by the arbitration association or authority. Third, the claimant and respondent are expected to appear at a hearing and both parties can present their case. After the hearing, the assigned arbitrator will issue a decision on the claim. Finally, both parties have the option to appeal the decision. If the claimant files an appeal, they must do so within 45 days after the decision was handed down. If the respondent files an appeal, they must do so within 30 days after the decision was handed down. In conclusion, filing a securities arbitration claim in New Hampshire requires careful adherence to the timeline outlined above. Failing to meet the filing deadline or appeals deadline could result in the claim being dismissed.

Related FAQs

What are the timelines for filing a securities arbitration claim?

Related FAQs

Related Blog Posts