Articles Archive for 8 November 2009
From Securities Arbitration Blawg:
FINRA recently reported its September 2009 arbitration statistics. As of September 30, 2009, 5,545 claims were filed, compared to only 3,471 as of September 30, 2008, an increase of 60%. FINRA also reported that 3,196 cases were closed through September and that the average turnaround time for cases that go to an arbitration hearing has declined by 9% (14.5 months from 16.0 months).
The most frequent claims/controversies involved continue to be breach of fiduciary duty, misrepresentation/fraud, negligence, and …
