mandatory arbitration clause News

Decision in Uber Employee vs. Contractor Suit Cuts Driver Bargaining Power

Uber drivers seeking pay and benefits like those employees get were handed a big defeat by the 9th Circuit Court of Appeals on Tuesday. A panel of court justices ruled that drivers must go through arbitration and could not continue …

U.S. Consumer Rules Would End Mandatory Arbitration Clauses That Limit Class Actions

A U.S. consumer watchdog on Thursday proposed new rules to block credit card companies, banks and other companies from forcing customers to waive their rights to join class action lawsuits and only settle disputes through arbitration. The Consumer Financial Protection …

Supreme Court Hands Businesses Another Victory on Arbitration

The U.S. Supreme Court fairly predictably sides with corporations in their clashes with consumers, but the business-friendly rulings often come in unpredictable packages. Consider the latest high court decision reinforcing the ability of companies to fend off class-action lawsuits and …

U.S. Consumer Bureau Moves to Restrict Mandatory Arbitration Clauses

Financial companies routinely use mandatory arbitration to block class-action lawsuits, making it difficult for consumers to win big payouts in disputes over credit cards and other products, a U.S. regulator found. When credit card issuers have faced suits seeking class- …

SEC Regulator Urges Ban on Mandatory Arbitration Agreements by Investment Firms

A top U.S. securities regulator on Tuesday urged the government to consider adopting new rules that would prohibit or restrict brokerages and advisers from forcing customers to sign away their right to sue. “By providing investors with the ability to …

Supreme Court to Hear Amex Appeal on Mandatory Arbitration Clause

The U.S. Supreme Court on Friday agreed to consider whether American Express Co may invoke an arbitration clause to prevent merchant customers from banding together in an antitrust lawsuit against the company. The court accepted the credit card and travel …