Arbitration

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Dec 6, 2008 2:44 pm

i was named in a suit brought on by an ex client. this client closed his account 2 years  ago,im with a new firm and no longer with the firm thats also named in the suit . i just received the claim from finra today.the client is suing for 600k in damages.i dont have 600k to pay the client and also no money for a lawyer,what in the world can i do????

Dec 6, 2008 6:05 pm

What is the allegation? 

Dec 8, 2008 12:54 pm

There is nothing more expensive than a cheap attorney.  Find the money, your livelihood depends on it.

Dec 8, 2008 4:50 pm

Funny, but as I was reading your response that kept saying if he can't afford this, then try this next thing, I kind of expected your last statement to say and if all of those things don't work, I'll do it pro bono.  I figure you probably get paid so much to be a contributor to RR that you can give away your legal expertise for free!