Texas Watch produced this great video explaining how arbitration hurts consumers and robs people of their day in court. While this pertains to Texas, forced arbitration has the same result anywhere in America. You have a right to a day in court, not to be
Imagine you sign a contract for a cell phone. You agree to pay $50 per month. At the end of the month you get your bill and it’s $200 instead of the agreed upon amount. Now, imagine you’re one of 10,000 customers that the phone
The Consumer Financial Protection Bureau is examining so-called arbitration clauses in terms and conditions for financial products. Last week, the head of the bureau, Richard Cordray, sent the strongest signal yet that the regulatory whip soon will come down on banks and other lenders denying
I. Introduction Arbitration agreements have become common place in employment and commercial contracts. Since the 1920’s arbitration has gained popularity as a means of settling commercial or employment disputes. Until AT&T v. Concepcion, however, the issue of class action arbitration had not