CFPB Proposes Rules Concerning Mandatory Arbitration For Certain Consumer Financial Products

The Consumer Financial Protection Bureau (CFPB) is an independent agency of the U.S. government tasked with looking out for the rights of consumers in the financial sector. In light of the CFPB’s responsibility to consumers, the CFPB has proposed new rules intended to prohibit the Read More …

Supreme Court Rules Forced Arbitration Is OK | Class Action Attorney NY

The United States Supreme Court recently indicated in DirecTV vs. Imburgia, that business have a right to impose arbitration on consumers in company contracts, wiping out the consumer’s right to sue. Forced arbitration is favorable to large companies as it gives them the power to Read More …