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LETTER: FAN Coalition Applauds Justice for Victims of Fraud Act of 2016

December 1st, 2016

By: Amanda Werner

PDF here.   December 1, 2016   Sen. Sherrod Brown Ranking Member, U.S. Senate Banking Committee Washington, D.C. 20510   Dear Senator Brown: Fair Arbitration Now, a network of more than 70 consumer, labor, legal and community organizations, is pleased to support the Justice for Victims of Fraud Act of 2016. Working hand-in-hand with a

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Wells Fargo’s Use of Forced Arbitration to Deny Consumers Justice

October 3rd, 2016

By: Amanda Werner

Since federal agencies announced their $185 million enforcement action against Wells Fargo for widespread fraud, there has been renewed focus on the bank’s use of forced arbitration. Forced arbitration is a relatively new phenomenon designed to allow corporations to keep misconduct out of public view, evade the law, and escape accountability. Buried in the fine print, “ripoff

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STATEMENT: FAN Condemns Wells Fargo for Refusing to Stop Using Forced Arbitration Against Victims of Fraudulent Account Scheme

September 30th, 2016

By: Amanda Werner

FOR IMMEDIATE RELEASE September 30, 2016 CONTACTS: Christine Hines, National Association of Consumer Advocates, christine@consumeradvocates.org Amanda Werner, Americans for Financial Reform & Public Citizen, awerner@ourfinancialsecurity.org Laurie Kinney, Alliance for Justice, laurie.kinney@afj.org Sarah Jones, American Association for Justice, sarah.jones@justice.org   Fair Arbitration Now Coalition Condemns Wells Fargo for Refusing to Stop Using Forced Arbitration Against Victims

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STATEMENT: FAN Coalition Urges the House Financial Services Committee to Reject Legislation Stripping Federal Agencies of Authority to Restrict Forced Arbitration

September 12th, 2016

By: Amanda Werner

FOR IMMEDIATE RELEASE September 13, 2016 CONTACTS: Christine Hines, National Association of Consumer Advocates, christine@consumeradvocates.org Amanda Werner, Americans for Financial Reform & Public Citizen, awerner@ourfinancialsecurity.org Laurie Kinney, Alliance for Justice, laurie.kinney@afj.org Sarah Jones, American Association for Justice, sarah.jones@justice.org   Fair Arbitration Now Coalition Urges the House Financial Services Committee to Reject Legislation Stripping Federal Agencies

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CFPB Arbitration Rule Receives Strong and Widespread Support

September 1st, 2016

By: Amanda Werner

The U.S. Consumer Financial Protection Bureau’s (CFPB) proposed rule to restrict forced arbitration – a tactic banks and lenders use to block consumers from challenging illegal behavior in court – has been met with widespread support. Below are selected highlights of comments from individual consumers, elected officials, advocacy groups and newspaper editorial boards who weighed

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