By: John F. Fullerton III and Matthew J. Tronzano
Mandatory class action waivers may have received an important seal of approval as the result of a recent decision arising in the financial services industry. On February 21, 2013, a Financial Industry Regulatory Authority (FINRA) disciplinary hearing panel permitted Charles Schwab & Company, Inc. to maintain its predispute arbitration provision in its customer agreement that includes a class action waiver (pdf). With this development, now may be the time for firms to evaluate and consider class action waivers in their arbitration ...
Blog Editors
Recent Updates
- “Fair Chance” Updates: Los Angeles County Ordinance Takes Effect; New York City Proposes Amendments to Existing Law
- MI Agencies Request Clarity on New Minimum Wage & Tip Credit Requirements
- Mental Health Parity Rules Incoming: What Employers Need to Know
- Video: New DOJ Whistleblower Program - What Employers Must Know - Employment Law This Week
- Video: State Legal Trends - Crucial Changes for Employers - Employment Law This Week