Our Stockbroker Misconduct Lawyers Represent Retirees, Older Seniors, and The Families of Investors Who Are Very Sick

Under new FINRA rule amendments, investors who are at least 70 years old or facing serious health issues can request accelerated arbitration processing to resolve broker fraud claims within 10 months. The law firm Shepherd Smith Edwards and Kantas highlights this change, offering legal representation to help vulnerable or ill seniors recover critical retirement funds and medical expenses lost to financial misconduct.

These days, disputes between brokers and their customers are usually brought to Financial Industry Regulatory Authority (FINRA) arbitration. A typical investment loss recovery claim can usually take around 12 to 16 months—unless a settlement is reached sooner. However, FINRA recently introduced amendments to accelerate this general timeline for investors age 70 or older, as well as those with serious health issues.