Is there a right to a jury trial in a securities arbitration case?
No, there is not a right to a jury trial in a securities arbitration case in Kansas. Securities arbitration cases are typically conducted in front of an arbitration panel consisting of three members. These members are usually experts in the securities industry, and their decisions are binding on both parties in the dispute. In Kansas, arbitration is generally considered a faster and less expensive way to resolve securities disputes. It is also a much more private process, as all proceedings are confidential and not available to the public. Under Kansas law, both parties to a securities arbitration must agree to be bound by the arbitrator’s decision. This means that any decision rendered by the arbitrator in a securities arbitration will be final and cannot be appealed. There is no right to a jury trial, as cases are usually decided by an arbitration panel. Because arbitration is a private process, the parties do not have the same access to evidence that they would have in a court of law. Also, the arbitration process does not include the right to a jury trial or the right to a full trial. Finally, the arbitrator’s ruling cannot be appealed, so parties in securities arbitration cases do not have the same rights as if the dispute were being heard in court.
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