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Econ Extra Credit newsletter #113
With thousands of cancer patients suing or planning to sue Monsanto over its weed killer, Roundup, personal injury lawyers are clamoring to represent them
The United States Supreme Court handed down several rulings today — one in particular has a pretty good chance of affecting you. The court said today that employers can indeed force employees into individual arbitration to resolve workplace disputes. Specifically, arbitration agreements that bar employees from participating in class-action lawsuits. Workers’ rights group say the […]
A vote by the U.S. Senate last night allowing banks to keep using mandatory arbitration clauses in their contracts with consumers — rather than allowing class action lawsuits —essentially preserves the status quo. You might think that more fine print in more and more contracts would mean a lot more arbitration and a bonanza for […]
Lawsuits and individual complaints allege the bank punished honesty.
Individuals would still have to go through arbitration.
A coalition of groups including the ACLU filed suit against the city.