The Multi-State letter opposes restrictions Congress is contemplating on a new rule passed by the CFPB that would prohibit banks from requiring consumers to waive their right to seek redress in court.
A class action was certified in federal court in California against Procter & Gamble on behalf of customers who allege that the company’s “flushable” wet wipes weren’t actually flushable.
The Economic Policy Institute just released a fact sheet debunking industry claims that consumers recover more money in arbitration than class actions.
On July 20, 2017, Congressional Republicans began a process to attempt to eliminate a Consumer Financial Protection Bureau rule that stops companies from putting class action bans in their arbitration clauses and makes it easier for consumers to sue banks, credit card firms, payday lenders and other service providers in court.
Ruby Life, Inc., the parent company of online dating website Ashley Madison, reached an $11.2 million deal to resolve a class action in which users alleged that Ashley Madison had failed to use proper care to secure their personal information after a data breach allegedly disclosed information regarding 37 million users.
Paul Bland has written an excellent article in The Hill that reviews the background behind the publication of the new CFPB rule banning mandatory arbitration, and addresses the merits and criticisms of the new rule.
On July 10, 2017, the Consumer Financial Protection Bureau (CFPB) announced a new rule to ban companies from using mandatory arbitration clauses to deny groups of people their day in court.
Anthem Inc. has agreed to a negotiated settlement valued at $115 million to end class action litigation over a massive data breach.
On April 26, 2017, Chipotle Mexican Grill announced that it had detected a breach of the system it uses to process customers’ payment card information.
Lawyers for automobile purchasers asked a Michigan federal judge to approve a proposed $7.6 million deal to settle claims in multidistrict litigation that an automotive bearings supplier and its Swedish affiliates participated in a price-fixing scheme with manufacturers in the U.S., Japan and Germany.
CBS News recently published an article on how forced arbitration harms consumers.
Bumble Bee Foods LLC will plead guilty to fixing prices for packaged tuna and pay a criminal fine of at least $25 million in the first charges to be filed against a corporation in the U.S. Department of Justice’s ongoing criminal antitrust investigation into the seafood industry, the DOJ said Monday, May 8, 2017.
A proposed class-action suit has been filed in Illinois federal court against online dating service conglomerate, Match Group Inc., accusing the company, through its website OkCupid.com, of fraudulently enticing subscribers to upgrade their profiles to a premium level.
On April 13, 2017, students unhappy with the way their student loans were being handled filed a class action lawsuit in Pennsylvania federal court against payment processing company Higher One Holdings Inc. and bank entities WEX Bank and Customers Bancorp.
Kimberly-Clark Corp. and its spinoff Halyard Health Inc. were hit with a $454 million jury verdict, which included $350 million in punitive damages in a class action alleging that their surgery gowns were passed off as essentially impermeable, but were actually very porous.
After five years of legal battles, a class action was certified on behalf of over 170,000 disgruntled British Airways frequent fliers in New York federal court on March 31, 2017.
On the April 11, 2017, BBC World News Program, the announcer told a reporter for the Atlantic that traditionally in the United States, if a group of consumers were being treated unfairly by a large corporation, it might result in a lawsuit.
A proposed class action filed in California federal court alleges that Uber’s upfront pricing model charges passengers a higher fare based on a longer route, but requires drivers to take the shortest route, allowing Uber to pocket the difference.
Wells Fargo has agreed to pay $110 million to resolve class actions that allege bank workers opened unauthorized accounts in customers’ names or enrolled them in the bank’s services without their consent.
Doctor’s Associates, Inc., doing business as Subway, has settled a putative class action with customers who allege the sandwich chain unlawfully printed full credit card expiration dates on receipts.
