Is it worth it to file an action in FINRA if you’ve been wronged?

Largo Securities Litigation Attorney Gavel and American flagIn April of 2014, FINRA Dispute Resolution published their Dispute Resolution Statistics detailing things such as how many cases have been filed through April of 2014, the number of cases closed, the turnaround time for cases to go through the system, mediation statistics, yearly volume comparison of cases filed,  arbitration cases by controversy involved, security types involved in arbitration cases, the amount of case closed per year since 1999, how arbitration cases close since 2010, and the results of Customer Claimant Arbitration Award Cases since 2009.

A full copy of this document can be found here:    http://www.finra.org/ArbitrationAndMediation/FINRADisputeResolution/AdditionalResources/Statistics/

While the number of filings has been reduced from 1,541 in 2012 to 1,344 in 2014, it appears that it’s taking longer for them to be concluded in every category.