Equifax, Wells Fargo May Still Face Class Actions Despite Wall Street Arbitration Win October 26, 2017 By David Henry and Dan Freed Not every financial firm will be able to reap the benefit of Wall Street’s victory in dismantling the threat of...
Congress Kills Obama Ban on Forced Arbitration in Battle Against Class Actions October 25, 2017 By Lisa Lambert Banks, credit card issuers and other financial companies will be able to block customers from banding together to sue over...
Finance Industry Sues to End U.S. Rule Curbing Forced Arbitration for Consumers October 2, 2017 By Elizabeth Dexheimer A coalition of corporate lobbying groups, led by the U.S. Chamber of Commerce, sued the Consumer Financial Protection Bureau to...
Some Banks Already Follow Consumer Bureau’s Softer Arbitration Policy September 14, 2017 By Lisa Lambert Senator Elizabeth Warren, who opposes efforts to dismantle a new rule allowing customers to sue financial companies in class actions,...