Securities Arbitration Clinic - Fall 2012

Term: Fall Term 2012-13 (2131)
Catalog Number: 5874
Class Number: 23695
Room: LAW G13
Class Schedule:
Type: Clinic
Credits: 4.0
Catalog Requirements: W
Enrollment Limit: 8
Priority: 3rd Year Priority when offered in the Fall, 2nd Year Priority when offered in the Spring

The Securities Arbitration Clinic is a two-semester clinic; however, students may enroll in either the spring or the fall semesters, but must complete 2 semesters in order to receive credit. Total credits hours for the two semesters are 8 credits. The Securities Arbitration Clinic offers a practical and educational opportunity in the securities arbitration process. In this course, the students will represent individual small investors with controversies of up to $75,000.00 before a securities panel under the supervision of practicing attorneys. The Securities Arbitration Clinic is designed to impart negotiation, advocacy and trial litigation skills to the students, as well as provide a service to investors that might otherwise be unrepresented.

Each student will handle all aspects of assigned a particular clients case, including:

  • Review case file
  • Meeting with the client to review facts, request supporting documents, and determine relevant issues
  • Research of applicable securities laws
  • Meeting with supervising attorney to determine course of action
  • If case is accepted, file power of attorney or entry of appearance with the Pennsylvania Supreme Court or Securities and Exchange Commission, preparing and filing a statement of claim with FINRA and following through with all aspects of case preparation.
  • Contact SEC attorneys, opposing counsel and the SRO to discuss recourse and schedule the arbitration panel if necessary.
  • For Arbitrations: Prepare case to be presented to the arbitration panel, including obtaining all necessary documents and witnesses, as well as completion of all research on the law; Represent the client in arbitration; Complete post arbitration work, including review of stipulated decision, if case is settled before arbitration.

Grading Details

Students will receive a grade at the conclusion of each semester, however, in the event that a student does not complete the second semester the student shall receive a W for the course, thus nullifying the grade for the prior semester. Students will receive 4 credits per semester. 

The final grade will be based on the student’s work throughout year, which includes: classroom participation, case analysis, client correspondence, and case preparation and representation.