CFPB’s Cordray Addresses CAB on Arbitration Clause Restriction Efforts
CFPB Director Richard Cordray's addresses a meeting of the Consumer Advisory Board (CAB) focusing on the CFPB's efforts to curtail arbitration clauses, which are seen as negatively impacting consumer's rights to seek action against companies who often use them to block class action lawsuits and sidestepping the legal system. [10/23/15]