Otto.Law
Talk to us about your issue:
303.324.3748
View Our Practice Areas

Is there an alternative to securities litigation?

When dealing in securities, questions will, at some point, arise over the cause of investment losses. It happens. If there is a concern that the losses resulted from actions not related to standard market fluctuations, legal action may be taken against the party or parties responsible. Securities litigation is not easy or inexpensive to get through. Do Colorado residents have an alternative to litigation when faced with a securities problem?

The short answer to this question is yes. Litigation is and should be a last resort. Settling cases out of court is ideal; however, there are some cases that really do need an outside party to weigh in on the matter. This is where arbitration comes into play.

Arbitration involves both parties arguing their cases before one or more arbitrators. Once each side has presented its case, the arbitrators will review the information and issue a ruling on the matter. It is, in a sense, an informal trial of sorts. It will not take as long to get through as traditional litigation, and it generally costs less than taking a case to court.

To start arbitration, it is necessary for the complaining party to send notice of intent to arbitrate. This notice must include one's grounds for filing the dispute. After the opposing party has a chance to respond to the complaint, arbitrators can be chosen and a hearing date set.

Is arbitration the right way to go in order to settle a securities matter? It really depends on the issues with which one is dealing. Sometimes, securities litigation cannot be avoided. However, in Colorado and elsewhere, arbitration is becoming the more common method of tackling securities disputes.

No Comments

Leave a comment
Comment Information
Email Us For a Response

Contact The Firm

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Otto.Law

The Masonic Building
535 16th Street Mall
Suite 810
Denver, CO 80202

Phone: 303-927-0142
Phone: 303-324-3748
Fax: 303-484-0388
Denver Law Office Map