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October 7, 2015

In the News Today – October 7, 2015

The Consumer Financial Protection Bureau’s expected proposal to restrict consumer arbitration agreements “is likely to face stiff opposition from the U.S. Chamber of Commerce, which has argued that class actions pad plaintiff lawyers’ pockets while delivering little relief to consumers.” (New York Times and The Hill)

“When the Supreme Court agreed to decide whether unhappy customers of DirecTV could band together in a class action, the court’s purpose seemed clear: to reverse and rebuke a California appeals court that had allowed the class action and refused to send the case to arbitration instead,” writes Adam Liptak. (New York Times)

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