Menu
All articles tagged '"Wall Street"'
31 articles found
One-Third of Online Retailers in the U.S. Now Require Consumer Arbitration or Restrict Class-Action Lawsuits
By Beth Graham - October 29, 2014
Online retailers in the United States are increasingly requiring consumers to arbitrate disputes through their terms-of-service rules. According to an article recently published in a New York Times blog, the Upshot, approximately one-third of the top 200 retail websites operating in the U.S. now uses clickwrap or browsewrap agreements to ban class action lawsuits or to require arbitration of consumer disputes.
FINRA Board Approves New Rule for Selecting Arbitral Panels
By Beth Graham - April 23, 2013
Last week, the Financial Industry Regulatory Authority (FINRA) Board approved a measure that may make it easier for investors to select arbitrators in a dispute against a securities brokerage. The newly approved measure would authorize the parties to a dispute that exceeds $100,000 to select a panel chairman, a public arbitrator, and an arbitrator with industry ties from a FINRA list immediately.
Fourth Circuit Decides FINRA Rules to Govern Dispute Over Auction Rate Securities
By Beth Graham - February 5, 2013
A federal appeals court has ruled that two Wall Street brokerages must arbitrate a $234 million auction rate securities claim in a dispute with a healthcare organization over what exactly constitutes a customer. In January, a panel of the United States 4th Circuit Court of Appeals held that Carilion Clinic was a customer of UBS AG and Citigroup, Inc. pursuant to the Financial Industry Regulatory Authority‘s (FINRA) securities arbitration ru
Lance Armstrong Admits Using Performance-enhancing Drugs
By Victoria VanBuren - January 22, 2013
As readers may already know, Lance Armstrong admitted last week to using performance enhancing drugs in an interview with Oprah Winfrey. Our posts on the USADA case are here. What’s next? read about the pending federal whistle-blower lawsuit at the Wall Street Journal. Stay tuned!
Elder Care Conflict
By Holly Hayes - December 13, 2012
“For years, couples have hired divorce mediators to avoid court battles. Now growing numbers of mediators are specializing in disputes that relate to older adults, such as those over inheritances and caregiving responsibilities,” a Wall Street Journal article by Anne Tergesen reports. The field of elder mediation is growing as baby boomers look for help with aging parents. The article explains: Elder mediators help clients resolve con
CFPB Requests Comments on the Use of Agreements Providing for Arbitration | Deadline June 23, 2012
By Victoria VanBuren - May 22, 2012
As readers may know, Section 1028(a) of the Dodd-Frank Wall Street Reform and Consumer Financial Protection Act of 2010 (the “Dodd-Frank Act”) requires the Consumer Financial Protection Bureau (“CFPB”) to “conduct a study of, and * * * provide a report to Congress concerning, the use of agreements providing for arbitration of any future dispute between covered persons and consumers in connection with the offering or providing of consu
Update on Arbitration Provisions in the Dodd-Frank Wall Street Reform Act
By Victoria VanBuren - February 24, 2012
As readers may recall, on July 21, 2010 President Barack Obama signed into law the Restoring American Financial Stability Act of 2010 (a.k.a. the “Dodd-Frank Wall Street Reform and Consumer Protection Act”). House Versions: H.R. 4173 and Congressional Actions. The final version of P.L. 111-517 (H.R. 4173) is here. The Act, whose goal was to “promote the financial stability of the United States by improving accountability and transparency in
What is an Accountable Care Organization (ACO)?
By Holly Hayes - December 30, 2011
By Holly Hayes A Wall Street Journal article from last week, titled “The Future of U.S. Health Care”, asks in the subtitle: “What is a Hospital? An Insurer? Even a Doctor? All the Lines in the Industry are Starting to Blur”. The same questions apply to the development of the Accountable Care Organization (ACO). Marc Bard and Mike Nugent provide some comprehensive answers about ACOs in their book: “Accountable Care Or
Judge Rules that Jamie Leigh Jones Must Pay Halliburton/KBR Court Costs
By Victoria VanBuren - October 7, 2011
As the Wall Street Journal reports, a federal judge in Houston has ordered claimant Jamie Leigh Jones to pay the court costs (nearly $150,000) for suing her former employer Halliburton/KBR. The judge, however, refused to award Halliburton/KBR the attorney’s fees (of over $2 million) the company recently requested. “The fact that Jones presented prima facie claims of sexual harassment and hostile work environment highlights the impropriety o
Wall Street Journal: Banks Steer Customers to Arbitration and Away From Court After Concepcion
By Victoria VanBuren - August 25, 2011
The Wall Street Journal (WSJ) reports that some banks are embracing mandatory arbitration in consumer contracts on the wake of AT&T v. Concepcion. The WSJ says that now nearly three-quarters of 265 accounts offered by the 10 largest U.S. banks included mandatory arbitration provisions. Read the story here. Related Posts: ABA Journal: After Supreme Court Win Forcing Customers to Arbitrate, AT&T Now Sues to Stop the Arbitration, Disputing,
Legal Research
Recent Posts
Search
Legal Research
© 2026, Karl Bayer. All rights reserved. Privacy Policy