Is it possible to settle a securities arbitration claim before a hearing is held?

Yes, it is possible to settle a securities arbitration claim before a hearing is held in Georgia. Pre-hearing settlement is a common practice in securities arbitration because it is often a faster and less expensive way to resolve a dispute than a full hearing. A settlement can be reached through direct negotiation between the parties, or with the help of a mediator. When parties decide to settle before a hearing is held, they enter into a written agreement that outlines the terms of the settlement. This agreement may be incorporated into a full and final settlement of the dispute. This means that all parties must agree to the terms of the settlement and neither party will be able to pursue any other remedies beyond those specified in the agreement. In Georgia, parties to a securities arbitration claim can also submit their dispute to binding arbitration. Binding arbitration means that the parties agree to submit their dispute to a neutral arbitrator who will render a final and binding decision in the matter. Although parties are bound by the decision of the arbitrator, the cost and time of a binding arbitration can often be shorter than if the case were taken to a full hearing. No matter which route the parties decide to take, it is important to seek the assistance of an experienced securities arbitration attorney who can advise you on the best course of action. A knowledgeable attorney can help ensure that your rights are protected and that you achieve the best possible outcome.

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