May 01, 2013

FINRA Arbitration Eligibility: Victims of Bad Investment Are Running Out of Time to Recover Losses

Jason R. Doss and Richard Stanislaw Frankowski
From The Practitioner’s Guide to Securities Arbitration, Chapter 5

The stock market has a long history of volatility that can send wild speculators to yacht dealerships and conservative retirees back to the workforce. The downturn of 2008 was no different. In 2008 alone, America suffered a historic loss in wealth totaling approximately $10.2 trillion.1 More than $6 trillion of that amount was attributed to losses in the stock market.2

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