Securities Arbitration & ADR

Our attorneys are nationally recognized by their clients, peers, adversaries and securities industry regulators for their experience and expertise in securities arbitration at FINRA and other self-regulatory forums, and in mediation and other alternative dispute resolution forums.

In addition to successfully arguing the seminal United States Supreme Court cases that established securities arbitration as the primary forum for investor disputes, Murphy & McGonigle attorneys have decades of experience representing most of the major investment banks and broker-dealers and have arbitrated -- through full hearing -- hundreds of securities arbitrations throughout the United States involving complex sales practice, trading, banking, employment, operational and other matters, with damage claims as large as one billion dollars.

Looking Forward

The securities arbitration industry continues to grapple with how to move forward during a global pandemic. Beginning in March 2020 through the end of the year, FINRA canceled all in-person hearings. FINRA and the AAA have afforded parties the opportunity to conduct hearings virtually through Zoom, but counsel for both claimant and respondents has been reluctant to try cases in this unfamiliar manner. FINRA has been conducting Zoom hearings, either with the consent of the parties or by ruling of the arbitrators on a contested motion. As of the  end of November 2020, FINRA had conducted one or more hearings by Zoom in 124 cases, and arbitrators were granting contested motions to conduct hearings virtually in the large majority (71%) of cases. We are preparing for the inevitability of increased use of Zoom arbitration hearings in 2021.