Companies rarely invoke mandatory arbitration clauses to prevent individual customers from going to court, but they are frequently used to prevent class action lawsuits, the Consumer Financial ...
The Seventh Circuit affirmed a class action coupon settlement involving “clear sailing” and “kicker” clauses and a fee award based on the lodestar analysis rather than the value of the redeemed ...
The Consumer Financial Protection Bureau revealed its new rule to ban companies from using mandatory arbitration clauses, allowing consumers to participate in class action lawsuits. The new rule ...
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