By James Yellen*
The FINRA dispute resolution market largely dried up as COVID-19 hit major cities starting in March 2020. While employment and broker-dealer disputes in 2020 were way up (plus 31%) and constituted almost half (47%) of all new arbitration filings,
AAA Award Data is updated quarterly by the American Arbitration Association. This analysis of the latest update is provided by Rick Ryder, President of SAC,
By Ellen Slipp*
Author’s note: This article was originally written for the Practising Law Institute (“PLI”) seminar “Securities Arbitration 2020” which was held on September 10,
Practising Law Institute’s (“PLI”) annual securities arbitration seminar took place via live Webcast on September 10th. Although the pandemic moved the event to a virtual-only format,
FINRA Dispute Resolution Services (“FINRA-DRS” or “DRS”) posted cumulative caseload statistics through June. While there’s still no surge in Customer cases, Industry filings are way up.
We published in SAA 2020-12 (Mar. 25) an article by Mediator Roger M. Deitz advocating that parties consider using telephone mediation as a way to cope with Coronavirus-related delays and disruptions to the dispute resolution process.
