For 15 years, individual investors with a beef against their brokers have had to submit to arbitration, but those who say the process is stacked against investors see an opportunity to change it.
A recent case in the District of New Jersey provides a good reminder to be mindful of exclusions to mandatory arbitration provisions. In Webster v. OneMain Financial, Inc., No. CV 18-2711 (JBS/AMD), ...
The Consumer Financial Protection Bureau is expected to issue a proposal Thursday that would limit the use of arbitration clauses on millions of financial contracts, including cellphones, credit cards ...
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