Document Type
Conference Proceeding
Publication Title
PIABA 27th Annual Meeting Materials
Publication Date
2018
Abstract
(Excerpt)
This article summarizes the leading federal and state arbitration cases during the last year that are of particular relevance to the securities arbitration practitioner. In its sole arbitration decision during the 2017-18 term, the U.S. Supreme Court held in Epic Systems Corp. v. Lewis that employers could require their employees to waive their right to class actions and collective arbitration. Courts also addressed a host of novel issues, including whether investors can force a non-FINRA member and municipal bond indentured trustee to arbitrate before FINRA, the arbitrability of claims against a cryptocurrency exchange, and the applicability of a state's "offer of judgment" statute in arbitration. Other interesting decisions address common issues in arbitration, including grounds to vacate an arbitration award, evident partiality and discovery in arbitration.
Comments
Reprinted with the permission of Public Investors Arbitration Bar Association (PIABA).