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Washington Post: Electric scooters may pose injury and block access to justice when harmed

September 10th, 2018

By: Remington Gregg

ICYMI, last week the Washington Post published a story about the rapidly growing use of electric scooters in major cities. The article notes that riders, when injured while riding a scooter, are informed that they cannot go to an open, neutral court for justice. Instead, they are pushed into binding, secretive arbitration procedures. The full

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New Report Sounds Alarm Against Blocking Access to Courts for Investors

August 27th, 2018

By: Remington Gregg

A new report by the Consumer Federal of America details the importance of allowing investors who have been cheated or defrauded the ability to band together to access the courts. Recently, several U.S. Securities and Exchange (SEC) officials have signaled that they would be happy to allow companies to prohibit investors from banding together to

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SEC commissioner wrong to support blocking courthouse doors to harmed investors

August 16th, 2018

By: Remington Gregg

  This was first posted on Public Citizen’s CitizenVox. In an interview with Politico, U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce offered her support to allow companies the ability to prevent investors from banding together in class actions against them if they are victims of securities fraud or abuse. That would mean that

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SEC Officials Speak Forcefully Against Forced Arbitration in Investment Context

March 28th, 2018

By: Remington Gregg

Recently, SEC Commissioner Robert Jackson and SEC Investor Advocate Rick Fleming spoke out against any move to limit an investors’ access to justice by forcing them into arbitration. They both argue that investors play a vital role in helping to police corporate wrongdoing. In addition, holding corporate wrongdoers accountable for their actions deters others from

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FAN Coalition Slams Senate Banking Committee for Rejecting Amendment to Reinstate Crucial Consumer Protection

December 5th, 2017

By: Amanda Werner

FOR IMMEDIATE RELEASE December 5, 2017 CONTACTS: Amanda Werner, Americans for Financial Reform & Public Citizen, awerner@ourfinancialsecurity.org, (202) 973-8004   Washington, DC (December 5, 2017) – Today, the U.S. Senate Banking Committee rejected an amendment to S. 2155, which would have restored consumers’ right to sue financial giants when they break the law. While other

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