The National Association of Securities Dealers (NASD) withdrew a proposed amendment to the arbitration code that would have allowed panels to dismiss claims prior to a full hearing. Investor plaintiffs’ attorneys successfully challenged the amendment. Attorney Hugh Berkson explains, in the article, that his clients are often required to participate in arbitration and deserve to have their claims heard.
Hugh Berkson is a Securities Attorney with McCarthy, Lebit, Crystal & Liffman, Co. LPA with over 20 years of representing individuals who have lost money due to the negligence of investors and brokers.
Hugh is a past President of the Public Investors Arbitration Bar Association (PIABA), an international legal association composed of practitioners who represent investors in disputes with the securities industry. He was also just re-elected to PIABA’s Board of Directors, where he has served as a director since 2011.
