What is the scope of a securities arbitration award?

In Oregon, a securities arbitration award is the legal document setting forth the decision in an arbitration case involving securities. The purpose of securities arbitration is to resolve disputes between investors and financial firms without going to court. The award states the amount, if any, that must be paid by either party to the other. The scope of a securities arbitration award depends on the particular dispute and the agreement of the parties. Generally, the award is limited to a monetary amount and cannot include non-monetary relief such as damages for emotional distress or punitive damages. The award can also be limited to actual losses suffered, or it can include lost dividends, taxes, or interest. The award may also include fees, costs, and expenses involved with the arbitration proceeding. This can include the costs of expert witnesses, document production, filing fees, and the arbitrators’ fees and expenses. The award may also include attorney’s fees and costs, but only upon a showing that the attorney’s fees and costs were reasonable and necessary. The award also states the time period in which the award must be satisfied. For example, the award may require that the parties pay the amount awarded within thirty days. The award may also include other terms if the parties agreed to them.

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What is the scope of a securities arbitration award?

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