Another Decision Against Class Actions

Reuters
June 24, 2013

Just about anyone who has a credit card, bank account or a relationship with a financial services company is likely to have agreed to settle a dispute through arbitration and forfeit the right to sue. Recently, “The legality of that practice was buttressed by the U.S. Supreme Court on Thursday when it delivered yet another blow to class action lawsuits by ruling in favor of an arbitration agreement that prevents merchants from banding together to make antitrust claims against American Express Co.”

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TAGGED: Arbitration, * News

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