Class Actions Blog

Archive for the ‘Forced Arbitration’ Category

9th Circuit Court of Appeals reverses order requiring arbitration

Posted on: September 19th, 2017 by Keith Dubanevich

The 9th U.S. Circuit Court of Appeals recently reversed a District Court decision that forced Verizon customers into an arbitration against a different company, Turn, Inc. The Court found that the claims did not arise out of the Verizon contract which contained an arbitration clause.

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Senators must now choose whether to side with veterans or big banks

Posted on: September 18th, 2017 by Steve Larson

A recent article in the Huffington Post explains why the CFPB Rule banning forced arbitration is so important.  Here is the link.

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American Banker Magazine says that Equifax data breach may doom GOP efforts to stop CFPB from banning class action waivers

Posted on: September 13th, 2017 by Steve Larson

An interesting article in the American Banker Magazine says that the hoopla surrounding the Equifax data breach, including Equifax’s efforts to force consumers into arbitration after the data breach, may mean doom for GOP efforts to reverse the rule adopted by the CFPB that bans forced arbitration and class action waivers.

Click here for the article.

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New report shows why Equifax wants arbitration, few consumers use it

Posted on: September 12th, 2017 by Steve Larson

A new report issued by Level Playing Field shows that only 5 consumers have filed arbitrations against Equifax since 2009.

For a copy of the report, click here.

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New York Times Op-Ed says arbitration is not enough, let consumers sue companies in class actions

Posted on: September 7th, 2017 by Steve Larson

Richard Cordray has penned an Op-Ed in the New York Times entitled “Let Consumers Sue Companies.”

To read the article, click here.

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SEC Commissioner suggests that SEC will allow corporations to put mandatory arbitration clauses into their charters to avoid shareholder securities fraud class actions

Posted on: August 29th, 2017 by Steve Larson

A brief remark from SEC Commissioner Michael Piwowar during a July 17, 2017, Q&A suggests that he believes the U.S. Securities and Exchange Commission might soon allow companies to introduce mandatory arbitration clauses into their corporate charters. If the SEC were to allow such an action, required arbitration would have a fundamental, adverse effect on the ability of investors to protect themselves against wrongdoing by corporations and their directors and officers. If mandatory arbitration were to be widely adopted, investors could be prohibited from asserting claims in federal court under the federal securities laws, which would effectively result in the loss of the very protections that these laws were designed to provide.

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The information contained in this blog does not constitute legal advice, and does not create an attorney-client relationship. We make no claims, promises or guarantees about the accuracy, completeness, or adequacy of the information contained in or linked to this blog.

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This blog is intended to provide information to the general public and to practitioners about developments that may impact Oregon class actions.

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  • Keith Dubanevich

  • Steve Larson
  • Keith Dubanevich has extensive experience handling antitrust, consumer and securities cases. Until joining the Portland, Oregon law firm Stoll Berne as a shareholder, he was the Associate Attorney General and Chief of Staff at the Oregon Department of Justice.
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