Virtually every person who opens an account with a brokerage firm/broker-dealer signs a binding agreement to arbitrate any dispute they have with that investment broker. In the United States, securities-related arbitrations are handled through FINRA, the Financial Industry Regulatory Authority. FINRA arbitration is also the forum for resolving all employment disputes involving broker-dealers.

While there are a variety of circumstances which would make litigation more appropriate for a securities dispute, the arbitration clause will usually be enforced and the parties will need to resolve their disputes through FINRA arbitration.

Knowledgeable Attorney ▪ Experienced FINRA Arbitrator

San Diego FINRA arbitrations attorney Virginia Gaburo represents consumers, investors and brokerage firms throughout Southern California and the United States in FINRA arbitrations. She has also served on the FINRA arbitration panels since 2004. If you would like to learn more about FINRA arbitration or are looking for an experienced attorney to represent you through the process, call our law firm at 858-546-0183 or contact us online.

History of FINRA Arbitrations

The brokerage industry is self-regulated. As long as securities broker-dealers regulate themselves properly, Congress and the SEC stay hands-off. Dispute resolution involving broker-dealers, once handled through the NASD, the New York Stock Exchange, and other arbitration forums, is now handled entirely through FINRA. Thus, FINRA arbitrations are an extremely important part of managing the financial industry and ensuring that all parties are acting appropriately.

FINRA Arbitration Panels

The FINRA arbitrators are third-party neutrals who act in the place of judges. Depending upon the amount of money involved in your broker-dealer dispute, you will be provided with one or three arbitrators. For lower amounts of money, there will only be one arbitrator deciding your case. For greater amounts of money, there will be three arbitrators: two public arbitrators and one arbitrator from the industry. The industry arbitrator usually has been or is currently employed by a broker-dealer or has strong ties to the industry.

How FINRA Arbitration Works

Unlike litigation, FINRA arbitrations are not bound by federal or state rules of evidence and rarely involve depositions. They are generally faster and less expensive than litigation.

In FINRA arbitration proceedings, parties are required to voluntarily exchange discovery information and documents. This greatly facilitates the pre-hearing discovery process.

Investment arbitration is expert-intensive. In most cases, you are not going to win unless you have experts on your side. This can greatly increase the cost of arbitration, but it is a necessary expense. Securities attorney Virginia Gaburo has cultivated an excellent network of experts, including compliance experts, suitability experts, experts on supervision and standards of care, damages experts and tax experts.

Contact Us

To discuss FINRA arbitration with an experienced securities attorney and FINRA arbitrator, please call Ms. Gaburo at 858-546-0183, or, if you prefer, you may fill out our intake formand we will contact you.

Private placement offerings (PPO’s) are used to raise capital for an endless variety of purposes. They are unregistered securities. They can be a risky investment option, and require highly sophisticated and savvy investors. Private placement offerings rely on qualifying for at least one exemption from registration under the securities laws. They are usually not appropriate retirement investments, and are never appropriate for investors with a limited knowledge of the risks involved.

Based in San Diego, Virginia H. Gaburo & Associates represents consumers, investors and brokerage firms throughout Southern California and the United States with investment fraud claims regarding the suitability of the investments, including private placement offerings.

For additional information about our law firm and the benefits of retaining our legal services, please visit our firm overview page.

To discuss your private placement offering concerns with an experienced investment fraud lawyer, please call attorney Virginia H. Gaburo at 858-546-0183.

Understanding PPOs: Protecting Your Money and Your Rights

Almost anything can be the purpose or project of a PPO, from raising capital to start a business, or to buy land, or to finance a lawsuit. It is important to ask the right questions. What happens to my funds? What are the sales commissions? How are returns to be calculated and paid? What happens if the offering is not fully subscribed?

Virginia H. Gaburo has over 20 years of experience in investment law and has lectured extensively on securities and investment law matters. She is also a member of the FINRA (formerly NASD) panel of arbitrators. Private placement offering cases we have handled include cases involving:

  • Tenants In Common (TIC) investments
  • Land development projects
  • Hedge fund investments
  • Business investment opportunities

Protection Against Investment Fraud

We represent victims of investment fraud and misrepresentation. Those losing their investment in a PPO may be required to sue to recover. Whether your case involves a breach of fiduciary duty or questionable retirement fund investments, we provide knowledgeable representation to protect your rights and seek damages.

To schedule a confidential consultation to discuss how we can help you with a private placement offerings matter, please call attorney Gaburo at 858-546-0183, or, if you prefer, you may fill out our intake form and we will contact you.