By Harry Jacobowitz, Esq.****
In spite of the fact that arbitration claims that violate FINRA’s six-year eligibility rule must be dismissed without considering additional grounds for dismissal and without prejudice to the claimant’s or claimants’ right to pursue the claims in court,
By George H. Friedman, SAA Publisher & Editor-in-Chief
The Stanford Ponzi scheme was discovered in early 2009. Arbitration cases arising out of it are still with us,
By Ben Suter
A court does not exceed its jurisdiction under the California Arbitration Act by amending a judgment that confirmed an arbitration Award to insert the correct name of the real defendant when the mistake was not “evident” within the 100-day statutory timeframe for correcting Awards.
Martin v. Wells Fargo Advisors LLC, FINRA ID #14-02593 (Atlanta, GA, 12/16/15).
It’s been our observation that Explained Awards in customer-initiated cases occur primarily when the customer loses.
No tolling occurs during the pendency of an arbitration that precedes the filing of a lawsuit alleging federal securities claims.
The National Credit Union Act’s Extender Statute is a statute of limitations, not a statute of repose;
