Investors who claimed they lost $1 million based on their securities seller’s bad advice can force the firm that later hired the salesman to arbitrate their claim for fraud. The investment firm said the fraud claim arose during the investment ...Read More »
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When lawyers think about how to resolve disputes, they usually first consider traditional modes such as lawyer-to-lawyer negotiation or litigation. They may think of other processes – mediation, collaborative law or even arbitration – as more marginal “alternatives.” A better ...
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The U.S. Supreme Court solidified its pro-arbitration stance in its decision last month interpreting the Credit Repair Organizations Act. In CompuCredit v. Greenwood, the justices said the CROA was silent on whether claims can proceed in arbitration, despite a prohibition ...Read More »
Because the Credit Repair Organizations Act is silent on whether claims can proceed in arbitration, the Federal Arbitration Act mandates the parties’ arbitration agreement be enforced, the U.S. Supreme Court ruled on Jan. 10. A group of consumers brought suit ...Read More »