Is it true that suits for stockbroker fraud don't go to trial, but to arbitration?

“He’s (Randy Johnston) a terrific lawyer and a brilliant thinker.”

–Dick Sayles, Sayles Werbner, PC (opposing counsel)

Most of the time, arbitration is the only avenue for redress of a stockbroker fraud claim. Most investment contracts require that disagreements between a broker and client be heard by a three-member arbitration panel. There are several key differences between arbitration and trial. In most cases, the decision of arbitrators is final and no appeal is possible. With one shot at justice, you will want an attorney with experience and a track record of success at arbitration.

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Legal Malpractice Lawyer Describes Popular Scams to Financial Group

May 8, 2012

DALLAS, TX -- (BUSINESSWIRE) -- Attorney Randy Johnston told company treasurers and chief financial officers how to avoid being cheated by scam artists in a recent speech at the Intercontinental Hotel in Addison.