FINRA Arbitration
Professionals employed in the securities industry often have employment-related issues subject to mandatory arbitration administered by the Financial Industry Regulatory Authority (FINRA), formerly known as the National Association of Securities Dealers (NASD).
FINRA Rules are designed by industry actors for industry employers and may be unfamiliar to employees and attorneys who have not navigated these Rules before.
FINRA employment disputes frequently involve wrongful termination, unpaid bonuses, unpaid commissions, overtime pay violations, non-compete and non-solicitation agreements, defamation, and trade secret violations.
Some employers in the securities industry attempt to terminate employees just before large bonuses are paid in an effort to avoid payment, thereby depriving some employees, such as investment bankers, of the bulk of their annual compensation. Certain broker/dealers also engage in overzealous and even unlawful attempts to prevent customers from following their financial advisor to a new employer.
Dallas employment lawyer Barry Hersh assists securities professionals by providing strategic counsel and representation before FINRA arbitration panels and in FINRA mediations, a voluntary program where a FINRA mediator assists the parties to reach a settlement before the case is tried to a three-person arbitration panel.
If you anticipate litigation against your securities industry employer or being named as a defendant in a FINRA legal action, complete the law firm’s online inquiry form.
NOTE: Hersh Law Firm, P.C. only represents clients before FINRA arbitration panels in connection with employment-related disputes, not industry, customer, or other disputes.
FINRA Rules are designed by industry actors for industry employers and may be unfamiliar to employees and attorneys who have not navigated these Rules before.
FINRA employment disputes frequently involve wrongful termination, unpaid bonuses, unpaid commissions, overtime pay violations, non-compete and non-solicitation agreements, defamation, and trade secret violations.
Some employers in the securities industry attempt to terminate employees just before large bonuses are paid in an effort to avoid payment, thereby depriving some employees, such as investment bankers, of the bulk of their annual compensation. Certain broker/dealers also engage in overzealous and even unlawful attempts to prevent customers from following their financial advisor to a new employer.
Dallas employment lawyer Barry Hersh assists securities professionals by providing strategic counsel and representation before FINRA arbitration panels and in FINRA mediations, a voluntary program where a FINRA mediator assists the parties to reach a settlement before the case is tried to a three-person arbitration panel.
If you anticipate litigation against your securities industry employer or being named as a defendant in a FINRA legal action, complete the law firm’s online inquiry form.
NOTE: Hersh Law Firm, P.C. only represents clients before FINRA arbitration panels in connection with employment-related disputes, not industry, customer, or other disputes.
