What is the maximum award available to a successful claimant in a securities arbitration hearing?

The maximum award available to a successful claimant in a securities arbitration hearing in Kansas is determined by the securities arbitrator, and can vary depending on the particular case and damages sought. Generally, under the Kansas securities laws, a claimant can recover the full amount of any losses, plus interest, plus attorneys’ fees and costs related to the arbitration. Furthermore, if the claimant can prove that the conduct of the opposing party was egregious, and that punitive damages are warranted, then a claimant can be awarded up to triple the amount of his or her losses suffered. Under Kansas law, the total claim amount available to the successful claimant cannot be greater than $250,000 plus interest and attorneys’ fees, unless the parties have agreed to a higher amount prior to the commencement of the arbitration. This maximum amount is further limited by the amount of timely notice of the arbitration proceeding that was provided to all parties, as well as any other agreements entered into prior to the start of the arbitration. In any securities arbitration hearing in Kansas, the claimant should be aware of all the rules and regulations that govern the proceeding, as well as the potential consequences of a successful award. This includes understanding the types of damages that can be awarded, and also the maximum award that can be enforced by the arbitrator.

Related FAQs

What is the maximum award available to a successful claimant in a securities arbitration hearing?

Related FAQs

Related Blog Posts