The Federal Trade Commission (FTC) recently issued a Final Rule aimed at protecting struggling homeowners from mortgage relief scams. The new rule outlaws advance fees and false claims, while also requiring clear and accurate disclosures from companies providing such services. The FTC recently announced the Mortgage Assistance Relief Services (MARS) […]
Category: General
Supreme Court Rules Against Consumers in High Stakes Arbitration Decision
In a much-anticipated decision, the United States Supreme Court ruled against consumers in AT&T v. Concepcion. In a 5-4 decision, the Supreme Court held that corporations may use arbitration clauses to cut off consumers and employees’ right to join their claims together through class actions to hold corporations accountable. The […]
CitiBank Agrees to Change Overdraft Policy
CitiBank recently announced a change to its overdraft policies. Beginning July 25, 2011, CitiBank will process checks from smallest to largest. Currently, most banks process checks from largest to smallest, which means that if a large check overdraws an account, then each smaller check will do so also, resulting in […]
FDA’s Abbreviated Process for Approving Medical Devices Puts Dangerous Devices on the Market
In a recent study published in the Archives of Internal Medicine the authors found that 71 percent of medical devices were approved through the FDA’s less-rigorous 510(k) process. Most of the medical devices recalled in the FDA’s highest-risk recall category (a risk of serious injury or death) were cleared for […]
FDIC Issues Guidelines On Overdraft Programs
The Federal Deposit Insurance Corporation (FDIC) gave banks final guidance last week regarding overdraft programs and overdraft fees. The new guidelines are intended to ensure customers receive better information about the cost of automatic overdraft protection and also require banks to assist customers in avoiding hefty overdraft fees. The new […]
Arbitration Case Could Be Death Knell of Consumer Class Actions
The United States Supreme Court heard arguments in a key arbitration case on November 9, 2010. The case is AT&T Mobility v. Concepcion. The Supreme Court will decide whether the United States Court of Appeals for the Ninth Circuit correctly affirmed a lower court ruling which struck AT&T’s arbitration clause […]
Consumers Concerned Over Supreme Court’s Decision To Hear Key Arbitration Case
Consumer groups are very concerned over the United States Supreme Court’s decision to hear a case involving enforceability of arbitration clauses, AT&T Mobility v. Concepcion. As the highest court in the land, the Supreme Court decides which cases it will hear. The Court typically only takes cases in which there […]
Justices Appear Skeptical of AT&T’s Arguments in Key Arbitration Case
The United States Supreme Court heard arguments in a key case that could dramatically limit consumers’ ability to join together in class-action lawsuits. At issue in AT&T Mobility v. Concepcion is whether federal arbitration law trumps state laws that prohibit efforts to curb class-action suits. The case arose from a […]
Report Exposes Chamber’s ‘Civil Justice Hypocrisy’
A new report published by the American Association for Justice (AAJ) points out the hypocrisy of the U.S. Chamber of Commerce in working to block justice for everyday Americans while frequently litigating in support of its own agenda. The report is titled “The Chamber Litigation Machine: How the Chamber Uses […]
Gulf Oil Spill Claims Administrator Rejects U.S. Chamber of Commerce’s Attacks on U.S. Legal System
Ken Feinberg, the attorney who has served as mass claims administrator for claims from both the September 11th terrorist attacks and now the BP oil spill in the Gulf of Mexico, defended the U.S. legal system. The president of the U.S. Chamber of Commerce, the chief lobbyists for multinational corporations, […]
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“Forest, once again, my family and I thank you for obtaining another settlement on behalf of my Father. It’s almost uncanny that these checks seem to come at very opportune times. This one comes as we are expecting our fourth grandchild. It will provide her some sound footing towards her future college education, plus help Mom and Dad with the medical expenses. Sometimes, I think my Dad is helping you guys with this. Maybe so. Anyway, thank you again for your hard work.”
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