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Tracy Pride Stoneman
is responsible for two reported cases in the Fifth
Circuit on the issues of an investor's eligibility to proceed in
arbitration. This is an issue that is often raised by the
brokerage firms in defense of a claim. Ms. Stoneman has handled
some of the largest securities arbitrations against Prudential
Securities, yet she also handles significantly smaller cases.
Ms. Stoneman takes cases on an hourly basis or a contingent fee
basis. She will also agree to unique, hybrid fee arrangements in
order to accommodate the needs of the client - the choice is
yours. Ms. Stoneman's special skills include superb client
contact, writing skills, and oral presentation. She is regarded
in the industry as enthusiastic and aggressive.
Ms.
Stoneman is located in Colorado and Texas, although she
represents clients all over the country. Arbitrations are unique
in that everything that happens takes place over the telephone
or through the mail. An in-person appearance is required only if
the case proceeds to arbitration, and most cases settle. Ms.
Stoneman has represented many clients she has never met and, if
necessary, will travel to the arbitration. So just because you
may be in Ponca City, Oklahoma, doesn't mean you have to find a
securities attorney there.
It is
important that the attorney you hire have experience in
securities arbitrations. Even an experienced "trial
attorney" can be a fish out of water in a securities
arbitration. A different set of rules applies than in court.
Client preparation is paramount - in a court case, the parties
tell their story more than once - once in a deposition and then
again at trial. Not so in securities arbitrations, because
depositions are rarely allowed. It is critical that your
attorney properly prepare the client for the sometimes tricky
and deceitful onslaught of questions by opposing counsel. It is
also paramount for your attorney to be in command of all of the
facts of your case. Only then will your attorney be able to
think quick on her feet to formulate questions and respond in
the arbitration. Ms. Stoneman feels that if a lawyer doesn't
have the time, the ability or the inclination to represent a
client fully and completely in these ways, then the case should
not be taken.
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