• FINRA's Class Action Rule, Not as Simple as it Seems
  • July 23, 2012
  • Law Firm: Kilgore Kilgore PLLC - Dallas Office
  • The "class action rule" issued by the Fnancial Industry Regulatory Authority (FINRA) is straightforward: class action claims may not be arbitrated in a FINRA forum. But the rule has been the subject of litigation and debate, and its presence requires persons bringing claims against FINRA members to make strategic decision that could have profound implications on the outcome of their cases.