To Arbitrate or Not Arbitrate Securities Fraud, That is the Question
FINRA Securities Arbitration or Class Action Lawsuits?
A common question asked by investment fraud victims is whether they should partake in a class action lawsuit of a securities arbitration claim. Often, investors are presented with a choice of either partaking in a class action lawsuit or FINRA arbitration action. As a general rule of thumb, investors are better off avoiding class action lawsuits. The recovery rate in class action lawsuits tend to be paltry. Please realize this is not always the case but it is very common.
The main reasons for why FINRA securities arbitration actions are typically better than class action lawsuits for investors include the following reasons…
By the way, I'm not expressing any opinion on this issue at the moment. Just pointing you to one lawyer's view.
