Are There Expenses in FINRA Arbitrations or Lawsuits?
Yes. If the client recovers in arbitration against Wachovia, there will typically be expenses to be paid. These are usually between $5,000-$10,000. Often, Stoltmann Law Offices will cap these in writing in the engagement agreement. Importantly, if there is no recovery in FINRA arbitration against Wachovia securities, then the client does not have to reimburse the law firm for the costs it has incurred. The costs and expenses are separate and apart from the attorneys’ fees. Costs and expenses in arbitration include, but are not limited to photocopy charges, postage, couriers and accountant/expert fees to prepare and review damage reports. We do not mark up any of the expenses but rather charge the client the actual costs of these expenses. Remember, the law firm will not invest its time and money in a case unless we truly believe we can recover on your behalf. What Will it Cost Me to File an Arbitration Claim with FINRA Against Wachovia? When you arbitrate at FINRA against Wachovia, the
Related Questions
- If I am denied airline boarding access because I am contagious, will the MEDEX program pay for any expenses I incur due to the extended stay and will they change my flight?
- Does the purchase of 100% hospital cover guarantee that I will not have any out-of-pocket expenses for a private hospital visit?
- Who pays for donation expenses?
