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April 3, 2012

Investors & companies hurt when SEC blocked arbitration clauses

Hal Scott and Leslie Silverman take issue with a recent decision by the Securities and Exchange Commission that rejected Carlyle Group’s requirement that investors submit claims to arbitration rather than litigation.  Arbitration offers lower costs and quicker results than litigation, while class actions rarely benefit small shareholders, they opine. Read their op-ed in the Wall Street Journal.

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