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Firm Profile

Executive Summary

Aidikoff, Uhl & Bakhtiari is an "AV" rated law firm that represents retail and institutional investors around the world in securities arbitration and litigation covering a wide range of disputes. Securities arbitration is the forum for the resolution for most disputes between customers and financial institutions. Though often perceived to be an informal arbitration process, securities arbitration is actually a highly specialized proceeding that often lasts several days or weeks.

We have the experience to guide you through the detailed process and reach your desired outcome.

  • More than 50 years of collective experience handling securities arbitration and litigation matters.
  • Two of our partners have served as President of the Public Investor Arbitration Bar Association (PIABA), the only nationwide bar association of securities arbitration and litigation attorneys.
  • Two of our partners have served as members of the Board of Directors of PIABA.
  • Two of our partners have served on the Financial Industry Regulatory Authority (FINRA) National Arbitration and Mediation Committee (NAMC). The NAMC board position is approved by the Securities and Exchange Commission (SEC) and makes policy and rule recommendations that govern the securities arbitration process. Both partners have chaired the NAMC committee.
  • For the last three decades, the firm and its attorneys have advocated for the improvement of the securities arbitration process by commenting on a wide variety of issues pending before the Securities and Exchange Commission, FINRA and other state and federal authorities.
  • 4 attorneys that have served as lead counsel in arbitration hearings.
  • Representation of investors in disputes with financial institutions in 45 different states and on four continents (Europe, Asia, North and South America).
  • In 2005 the firm arbitrated and won the first retail customer claim against a brokerage firm for hedge fund losses as a result of failure to perform adequate due diligence. The arbitration award totaled $3.8 million.
  • In 2009, the firm arbitrated and won the largest arbitration award for retail customers in calendar year 2009. The arbitration award totaled $8.8 million and involved hedge fund losses incurred as a result of the brokerage firm's failure to perform adequate due diligence.
  • In 2010, the firm arbitrated and won the largest arbitration award in 2010 for a single client of more than $11.5 million which included $10 million in punitive damages and involved the brokerage firm's failure to supervise its registered representative.
  • In 2011, the firm arbitrated and won the largest FINRA award to date in 2011 totaling $54 million. The award included $17 million in punitive damages and involved losses incurred by investors who purchased Mat/ASTA, Citigroup's leveraged municipal arbitrage fund that failed in February 2008. According to the Wall Street Journal, the arbitration award is the largest ever levied against a major Wall Street brokerage in favor of individual investors.
  • The firm has served as lead class action counsel in federal and state court.

For more information, please see our individual attorney profiles.


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