The Frier Levitt ARS AdvantageWhy Should I Choose Frier Levitt, LLC to Represent Me in My Own ARS Arbitration Rather Than Joining a Class Action Proceeding?You may have heard and/or read about the numerous class action arbitrations and lawsuits being filed across the country against brokers for ARS-related disputes since the collapse of the ARS market in February 2008. Before agreeing to become just one of thousands of class claimants, you should be aware that these class action proceedings could have draw-backs that you can avoid by engaging Frier & Levitt, LLC to represent you in your own individual arbitration. Frier Levitt, LLC offers personal attention and a commitment to knowing the intricacies of your particular case so that we can more effectively represent your legal interests and obtain the best result possible for you. Second, in class action proceedings, the Court must decide
whether to grant class certification and thereby allow the
arbitration/lawsuit to proceed as a class action. This
threshold issue may takes years to resolve. Furthermore,
at the end of the day, the arbitrator/court could decide not to
grant class certification, in which case, the class proceedings
would terminate and you would be back to “square-one” trying
to decide whether you want to pursue an individual action
against your broker. |
Notably, in many of the class action lawsuits presently pending in federal court in New York, the attorneys have not even begun to address the issue of class certification. Rather, they are litigating the issue of which attorney will be “lead counsel."
In contrast, immediately upon the filing of your individual claim, we would begin the process of conducting discovery on the merits of your case and preparing it for an ultimate arbitration hearing. This results in a much quicker resolution of your claims.
In addition, the vast majority of class action arbitrations and lawsuits settle before ever reaching a trial on the merits. Significantly, in class action proceedings, settlements are subject to the will of the majority of the class in terms of whether to enter into a settlement. Moreover, class action settlements must be approved by the Court. In contrast, in an individual arbitration, you are the final decision-maker. You have complete control over whether (or not) you want to settle.
For more information as to how Frier & Levitt, LLC can assist you in recovering your ARS investment, please feel free to contact Frier Levitt, LLC or call us at (973) 618-1660.