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Michael Smiths Law BlogDESCRIPTION
Michael Smiths Law Blog. Tuesday, December 6, 2016. Wells Fargo Turns to Arbitration Clauses to Neutralize False Account Lawsuits. The New York Times reports. That Wells Fargo has been using arbitration clauses in its contracts with customers to defeat claims that the bank set up false accounts for customers. Some judges have agreed with this argument, but some lawmakers and others consider it outrageous. In dismissing one large case seeking class-action status in California, a federal judge ruled last.CONTENT
This web page smithblawg.blogspot.com states the following, "Tuesday, December 6, 2016." We saw that the webpage said " Wells Fargo Turns to Arbitration Clauses to Neutralize False Account Lawsuits." It also said " The New York Times reports. That Wells Fargo has been using arbitration clauses in its contracts with customers to defeat claims that the bank set up false accounts for customers. Some judges have agreed with this argument, but some lawmakers and others consider it outrageous. In dismissing one large case seeking class-action status in California, a federal judge ruled last."