We work on a contingency fee relationship of 35%. This
means, our fee is 35% of the amount we recover. If we do not recover, the client is not responsible for
any of our attorney fees. If the case is required to be filed in arbitration (due to the brokerage firm new account
agreement containing a mandatory, binding arbitration clause) FINRA does require clients to pay an upfront filing fee
at the time the FINRA arbitration claim is filed. The client is obligated to pay this fee.
The amount of the filing fee depends on the size of the client's investment losses. The filing fee with FINRA runs
anywhere from $475 for a claim between $10,000 to $25,000 up to $1,800 for claims over $1 million. If we win and recover,
another $2,500 to $10,000 in expenses could be incurred as well depending on the size of the claim. These
expenses are capped in writing for the client.
