The most probable reason for this misconduct could be for the furthering of your broker and/or brokerage house’s own interests and sales production requirements, and ignoring your own interests and investment objectives

If your claim for investment losses is under $500,000.00, you don’t have to go to court to recover your losses, (thus avoiding litigation’s huge costs and waits from up to three to five years). You can use arbitration instead which is much cheaper, private and confidential, held in a board room and not a court room and usually takes only six to eight months from start to finish. The arbitrator’s decision is final and binding on your brokerage house and yourself, and has the same force and effect as a judgement from the Supreme Court.

WHO IS THE ARBITRATOR?

WHAT ARE ARBITRATION HEARINGS LIKE?

Arbitration hearings are usually informal affairs. They are often held in offices or boardrooms or other mutually convenient locations. An arbitration hearing may also be held via a conference call or even in writing if both parties agree. The usual strict rules of court procedure are relaxed, and evidence that may not be admissible in a court case is often admissible in arbitration hearings. Also, in arbitration, there are not the many procedural stalling and delaying opportunities that are available in the traditional court system.

WHO CAN USE THE ARBITRATION PROCESS

Any investor, who has suffered investment losses, as a result of their dealings with a financial advisor employed and representing either a financial institution, and/or a brokerage house, that is a member of the Investment Industry Regulatory Organization of Canada (IIROC) --- You can check on IIROC’s website: www.iiroc.ca to find out if your financial advisors firm, is a member of IIROC.

You can claim up to $500,000.00 plus interest (and costs if you wish)

THE IIROC ARBITRATION PROGRAM

IIROC have contracted with the ADR Chambers to be their sole providers of arbitration services for clients of members of IIROC. Arbitration for securities issues against an IIROC member is compulsory for IIROC members to attend. They cannot refuse to go to arbitration to resolve your investment loss claim. The IIROC arbitration program is available to all IIROC member firms and their clients in Ontario, New Foundland and Labrador, Nova Scotia, Prince Edward Island, New Brunswick, Manitoba, Saskatchewan Alberta, British Columbia, the North West and Yukon Territories and Nunavut. The ADR chambers are a national alternative dispute resolution organization completely independent of IIROC.

WHO SHOULD USE THE ARBITRATION PROCESS?

• Anyone who has lost money as a result of the negligence, misconduct, misrepresentation, mismanagement or fraud of their financial advisor, and has not been able to recover their losses from their brokerage house/ financial institution.
• Anyone who wants their investment loss claim to be finalized quickly and does not want to wait for years and years, sometimes as much as five years, by suing through the courts.
• Anyone who does not want to spend upwards of $120,000 on legal fees by taking their brokerage house to court.

THE STATUTE OF LIMITATIONS

The Statute of Limitations applies to arbitration hearings and in general the statute states that anybody, who has a claim, must bring such a claim within two years after first becoming aware of such claim or when they should have become aware of such claim. In this regard you should consult a lawyer to determine whether you have still got time to file an arbitration claim or whether your claim is time barred by the Statute of Limitations.

HOW MUCH DOES IT COST?

• There is a filing fee of $450 that must be filed with the ADR Chambers to start the arbitration process. This amount will be credited to your share of the total arbitration cost and fee.
• The arbitrator’s fees of $350 per hour.
• Room rental of $250 per day.
• These costs are split 50/50 between the parties.
• Your representative fees.

WE CAN HELP YOU RECOVER YOUR INVESTMENT LOSSES THROUGH ARBITRATION

We are specialists and experienced in the arbitration process and can help you with your claim to recover your investment losses caused, through no fault of your own, but because of the negligence or other misconduct of your broker and/or brokerage house.

WHY USE OUR ARBITRATION SERVICES?

1. We have been representing investors in arbitration proceedings for over ten years. In fact we have been involved in the arbitration process ever since arbitration for investment losses was allowed in Ontario some ten years ago. We have the knowledge, expertise, skill, experience and resources to help you in your arbitration claim against your broker and brokerage house, who you feel was responsible for your investment losses.

2. We case manage your arbitration claim from start to finish, doing everything necessary to get you a favourable result or settlement.

3. We are experts in securities litigation.

4. We guide you through the arbitration process and focus on reducing your emotional stress.

5. We have skilled advocacy in investment loss recovery cases, and are experienced and skilled in arbitration cases.

6. Robert Goldin, during his years of legal practice, was a successful, experienced legal litigator.

7. We have an in-depth knowledge and experience of the rules and regulations of the securities industry.

8. We ensure that each aspect of your case is fully developed.

9. Many issues raised at arbitration are extremely complex and it is essential to have someone in your corner who knows the ins and outs of securities legislation, the arbitration process, what arbitrators consider important and usual defenses raised by brokerage houses.