Securities Litigation & Arbitration

Securities litigation can occupy any number of areas such as:
(i) Derivative Actions – lawsuits brought by shareholders on behalf of the company against senior managers and rs. Generally, the claim is brought where the shareholders believe that the senior managers are breaching their fiduciary duties to the company.
(ii) State & Federal Lawsuits – These types of litigation involve violations of state or federal securities laws including common law claims for breach of fiduciary duty, negligence, breach of contract or fraudulent misrepresentation.
(iii) Arbitration – Some disputes arising in the context of a stock broker/client relationship ate governed by an agreement to arbitrate any disputes before FINRA dispute resolution. Arbitration differs greatly than litigation in state and federal courts. For example, in FINRA arbitration there is no jury, limited rules of procedure and discovery and limited grounds to appeal a FINRA arbitration award.