D.R. Hiorton Loses Mandatory Arbitration Case |
Tuesday, 15 May 2012 |
Recent Ruling that Class Action Waivers are Illegal Shows NLRB Remains Active
In D.R. Horton, the respondent company required its employees to execute mandatory arbitration agreements covering employment-related claims. Part of the agreement required the employees to pursue any such claims individually and not as a part of any class or collective action. Company employee Michael Cuda disregarded this portion of the agreement and filed a collective action in arbitration, which was rejected in accordance with the language of the agreement. Cuda then filed an unfair labor practice charge with the NLRB, claiming that his collective action claim was protected âconcerted activityâ under the National Labor Relations Act (NLRA), and that by disallowing the claim, the company violated the act. |
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Thursday, 10 May 2012 |
Fairness for Fairhaven NOW
Pulte Homes is facing homeowner complaints of shifting foundations and retaining wall cracks â again. This time, it's in the Fairhaven neighborhood just northeast of San Antonio. Dozens of homes in the neighborhood have had problems, everything from cracks in the walls to foundations that appear to be splitting horizontally. Some residents say they are noticing cracks starting in a retaining wall that runs along their backyards. Pulte is the parent company of Centex Homes, which in early 2010 saw a rock-clad retaining wall fail in spectacular fashion.See Facebook Photos
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Binding ArbitrationThe Consumer Financial Protection Bureau |
Thursday, 10 May 2012 |
Consumer agency to review mandatory arbitration in financial services
Finally, a spotlight will be shone on a widespread business practice that forces unhappy customers to settle disputes through binding arbitration â rather than by telling their story in court. The Consumer Financial Protection Bureau now is seeking public input about mandatory arbitration clauses in the contracts of financial products and services. More important, the board has the power to limit or even eliminate the clauses if they hurt consumers. |
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Consumers expect a fair examination of forced arbitration |
Tuesday, 24 April 2012 |
Got a Credit
Card or Bank Account? Scrutiny of Forced Arbitration Is Good News
We expect that any
fair examination of forced arbitration will conclude that the practice is
devastatingly harmful to consumers. The most critical step, then, will be for
the CFPB to ban forced arbitration, ensuring that arbitration is always
voluntary for consumers â not a kangaroo court or a tool for law-breaking
corporations to insulate themselves from accountability.
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Bureau to Explore Arbitration’s Effects on Consumers |
Tuesday, 24 April 2012 |
CONSUMER FINANCIAL
PROTECTION BUREAU LAUNCHES PUBLIC INQUIRY INTO ARBITRATION CLAUSES
Today the Consumer
Financial Protection Bureau (CFPB) launched a public inquiry into how consumers
and financial services companies are affected by arbitration and arbitration
clauses.
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