May 8, 2013
Once again, a bill to ban mandatory arbitration of consumer, employment and civil rights disputes has been introduced into both houses of Congress. It is sponsored by Sen. Al Franken (D-MN) and Rep. Hank Johnson (D-GA). The text is not yet available, but the press release states the following:
“What the Arbitration Fairness Act Does:
• Restores the original intent of the FAA by clarifying the scope of its application.
• Amends the FAA by adding a new chapter invalidating agreements that require the arbitration of employment, consumer, or civil rights disputes made before the dispute arises.
• Restores the rights of workers and consumers to seek justice in our courts.
• Ensures transparency in civil litigation.
• Protects the integrity of the Civil Rights Act, the Equal Pay Act, the Americans with Disabilities Act, and the Age Discrimination in Employment Act, among others.”
See Rep. Johnson’s press release.
Last 5 posts by Jill Gross
- Updates on current and former FINRA Dispute Resolution executives - December 15th, 2014
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- PIABA Releases Study Criticizing Lack of Diversity of FINRA Arbitrator Pool - October 7th, 2014
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- Second Circuit Holds Forum Selection Clause Trumps FINRA Arbitration Requirement - August 21st, 2014