Posted by: Katie Gommel
AAJ filed two sets of comments on a forthcoming study encouraging the Consumer Financial Protection Bureau (CFPB) to fully examine the devastating impact forced arbitration has on the rights of American consumers.
AAJ President Gary M. Paul stated in the comments:
“Corporations’ broad utilization of pre-dispute mandatory arbitration clauses greatly reduces the ability of consumers to enforce their rights and in effect nullifies the protections incorporated in land mark consumer protection laws.”
To learn more read AAJ’s full release here.