(Story by Carol Thompson) As a part of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, Congress instructed the Consumer Financial Protection Bureau to study the use of pre-dispute arbitration contract provisions in connection with the offering...
(Story by Carol Thompson) Arbitration, designed to be the American consumers convenient way to settle conflict resolution, has been a nightmare for many going through the process—a process that begs the question of fairness. As VNN reported yesterday, a...
(Story by Carol Thompson) It’s a case of “buyer beware,” or in the case of one California resident, it’s a case of “beware of arbitration.” The resident, who asked that his name not be used due to pending litigation, signed a Condominium Unit Purchase Sale...
(Story by Carol Thompson) Many Americans think that they will never need to use the arbitration process. If they are wronged by an employer or a company they do business with, they believe they can resolve their dispute in a court of law. That’s often not...
(Story by Carol Thompson) The intent of the American Arbitration Association (AAA) is to relieve the justice system of its case burden, but for many who have gone through the process, they claim all it relieves them of is their money. When determining a case, the...
