Darren Rumack joins FINRA’s arbitrator roster

On Behalf of | May 31, 2022 | Firm News

New York attorney Darren Rumack has been selected to join the arbitration roster of the Financial Industry Regulatory Authority (FINRA). This is a special branch of FINRA whose task is to arbitrate disputes in order to bring all parties to a resolution. He will take up his new duties in the arbitration field immediately.

Daren Rumack will fight for clients’ rights

Darren Rumack has been employed by the Klein Law Group. His recent selection to the arbitration roster of FINRA is a major piece of positive firm news. Mr. Rumack has a long history of professional representation of employers, handling class and collective action wage and hour lawsuits.

Mr. Rumack has gained skills, qualifications, and expertise by handling a wide variety of cases. These include matters related to labor and employment laws. These have been in the form of cases involving wages and hours, employee discrimination, and a large number of harassment cases.

Darren Rumack is also able to represent the cause of employees. He has been involved in many single plaintiff, multi-plaintiff, class, and collective action cases. These have been suits against employers in many sectors of industry. His cases include actions against bars, restaurants, factories, and car washes.

FINRA handles multiple forms of dispute resolution

It should be noted that Darren Rumack has been added to the roster of FINRA due to his expertise in arbitration. This is a form of negotiation that is designed to help the disputing parties avoid having to go to court.

A skilled arbitrator can help both sides come to a settlement that will satisfy both. In most cases, the arbitrator will listen to the arguments of both parties before coming to an objective conclusion. They will then give this conclusion to the disputants to see if they will accept it. The decision is usually binding.

FINRA can also handle simpler forms of negotiation such as mediation. This is much the same as arbitration, although with a few key differences. The decision reached by a mediator does not have to be legally adhered to by both sides.