Is it possible to have a securities arbitration award overturned?

Yes, it is possible to have a securities arbitration award overturned in Washington. This is due to the fact that arbitration awards may be appealed through the court system. Typically, an appeal must be filed in the court where the arbitration was heard within thirty days of the award. If the appeal is successful, the award may be overturned in whole or in part. It is important to note that overturning an award is a difficult process. A court will only overturn an award if it finds that the arbitrators made an error of law or fact when deciding the case. The court will also only overturn the award if it finds that the arbitrator acted with bias or an unethical conduct, or violated public policy when deciding the case. If the appeal is unsuccessful, the award will be upheld. Additionally, the party who initiated the appeal may be required to pay the opposing party’s attorney fees and any other costs associated with the appeal. The process of appealing a securities arbitration award can be complicated, so it is important to consult with competent legal counsel before initiating an appeal. Doing so will help ensure that the appeal is conducted properly and that the party’s interests are protected.

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