Proposed Legislation Would Ban Mandatory Arbitration and Discretionary Clauses
The Mental Health Matters Act would, among other things, ban forced arbitration clauses, class action waivers, discretionary clauses, and representation...
Tag: arbitration
Voices
An Uptick in Customer Arbitration?
Litigation risks to understand during the COVID-19 crisis.
Compliance News
Legislative and Judicial Actions
Key legislation, regulations and litigation from Washington, D.C., and the courts.
Full 9th Circuit Okays Panel’s Pro-Arbitration Decision
No judge of the 9th Circuit has requested a vote on a petition for rehearing Dorman vs. Charles Schwab, in which a three-judge panel held ERISA claims may...
Individual Arbitration Ordered in Greystar ERISA Lawsuit
The order comes after an important appellate ruling in the 9th Circuit endorsing the forced arbitration of ERISA claims, but notably, the lawsuit in question here was filed...
‘FINRA Settlement Expungement Process Is Broken,’ Former Regulator Says
FINRA is advancing a proposal to modernize the process by which brokers can clear their records of past customer disputes,...
Greystar Asks Court to Compel Arbitration in ERISA Suit
The move by Greystar comes after the 9th U.S. Circuit Court of Appeals issued a ruling that Schwab could enforce its retirement plan’s arbitration clause requiring participants to...
Forced Arbitration Denied in Charles Schwab Self-Dealing ERISA Class Action
The underlying lawsuit will proceed and will test whether the firm acted imprudently or disloyally in discharging its discretionary fiduciary authority when including its own affiliated investment products...