The Art of Arbitration

In securities arbitration, it all comes down to dollars and cents.

Investors with big losses often have no problem finding an attorney willing to arbitrate their claims against a broker or an analyst. But for the vast majority of smaller investors, it's an entirely different story.

The sad truth is that if you haven't lost a great deal of money playing the stock market, you'll have a hard time finding a lawyer willing to arbitrate your claim. That's often true even if an investor appears to have an airtight case against a broker or research analyst. ...