Published: February 2019
Forced arbitration silences victims and should end
Consumer Action joined coalition advocates in supporting Senator Sherrod Brown’s (D-OH) effort to restore Americans’ right to a day in court with the Arbitration Fairness for Consumers Act (S. 630). Ending the use of forced arbitration in student loans, credit card agreements, and employment contracts gives working Americans a fighting chance against powerful special interests.
The Arbitration Fairness for Consumers Act would prohibit financial companies from forcing consumers to give up their right to a day in court or their right to join a class action suit to seek relief. It would also ensure that financial crimes like the Wells Fargo fake account scandal cannot be hidden from the public in a private and opaque process.
Lead Organization
American's for Financial Reform (AFR)
Other Organizations
Alliance for Justice | American Association for Justice | Americans for Financial Reform | Center for Justice and Democracy | Consumer Action | Consumers for Auto Reliability and Safety | Earthjustice | Florida Alliance for Consumer Protection | National Association of Consumer Advocates | National Consumer Voice for Quality Long-Term Care | Texas Watch | Workplace Fairness
More Information
For more information, please visit AFR's website.
Download PDF
Forced arbitration silences victims and should end (ConsumerFinanceArbitrationBill.pdf)