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.

Related FAQs

How does a securities arbitration decision become final?
Are there any special rules for discovery in a securities arbitration case?
How do I prepare for a securities arbitration hearing?
How are the costs of securities arbitration disputes divided?
What is the role of securities arbitration lawyers?
Can a securities arbitration award be overturned by a court?
Is there a timeline for enforcing a securities arbitration award?
What is the maximum award available to a successful claimant in a securities arbitration hearing?
Who is eligible to pursue a securities arbitration claim?
What is the FINRA dispute resolution process?

Related Blog Posts

A Guide to Understanding Securities Arbitration Law - July 31, 2023
Navigating 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