1933 Long Ago But Burned Main Street Investors Now Finding Resolution via Arbitration: New 2004 Stats Confirm
(PRWEB) January 21, 2005 -- FDR said in his first presidential inaugural that there must be an end to speculation with other peoples money" – and his words are as cogent today as they were in 1933. But such speculation by Wall Street with Main Streets money has not ended," says Paul Young, America's Mr. Securities Arbitration and managing director of the Securities Arbitration Hotline.
Through December, NASD Dispute Resolution reported that it had tallied 9,300 new securities arbitration/mediation cases for 2004. 775 new cases filed each month, close to 26 new cases filed each day, or over 1 new Main Streeters claim filed every hour - 24/7, all year. Real people, real claims requiring not only attention but full and fair resolution.
Securities arbitration affords Main Streeters burned by Wall Street the fair and unparalleled opportunity to have their disputes with Wall Street resolved," says Paul Young of the Securities Arbitration Hotline, who works for Main Streeters in securities arbitration nationwide.
The good news, hard proof that securities arbitration works is that burned investors have won more cases in contested securities arbitration than they have lost since at least 1999, according to national statistics," reports Young. This is real-world financial news. Real life in real time for real people nationwide."
The nationwide" nature of ripped-off investors plus the means to get money back for these Main Streeters is proven by the increasing and ongoing case filing rate and to the victory rate for investors over Wall Street.
In arbitration, claims are heard in the city or town in which securities arbitration holds hearings that is closest to the home of the investor. By expanding the list of places in which hearings are held, which is taking place now, securities arbitration really brings the reality of dispute resolution HOME to real people – where they live, right on Main Street.
The news is that burned Main Streeters can win using securities arbitration. Time efficient and cost effective and without court, the Main Street investor has a true and proven avenue when, and if, the investor has been victimized.
Securities Arbitration Hotline
(1-800-222-4724)
For Interview Requests: Caren Gellman
Telephone: (310) 551-0255
Write to us: FraudFight@aol.com
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