Investors are denied due process when bringing claims through arbitration. Panel candidates are appointed by FINRA with no opportunity for investor’s or their attorneys to challenge them and FINRA has refused to provide any documentation on the panelists. Hugh Berkson suggests, in the article, that some arbitrators’ decisions demonstrate clear bias against investors, who have no recourse.
Hugh Berkson is a Securities Attorney with McCarthy, Lebit, Crystal & Liffman, Co. LPA. Hugh is rated AV® Preeminent™ by Martindale-Hubbell®.
He obtained a business degree in Finance from the University of Texas at Austin in 1989, and is a 1994 graduate of Case Western Reserve University School of Law, where he was a member of the Order of the Barristers and received both the American Jurisprudence Award, (National Mock Trial) in 1993 and the Jonathan M. Ault Mock Trial Prize for 1993-1994.