Supreme Court Decision: A blow to consumers - a win for business

Court imposes limits on class actions

On Wednesday the Supreme Court gave corporations the right to block class-action lawsuits.  See this article posted on Yahoo.

 

Will Federal Consumer Bureau Ride to the Rescue of Class Actions?

And what, if anything can be done about it?  See this WSJ article.

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Comment by Nikki on May 1, 2011 at 2:44am
We've got too big to fail and now too big to sue...arbitration is bogus.
Comment by Cryptocurrency on May 1, 2011 at 12:18am
They are slowly positioning themselves not just out of our reach but above the law.
Comment by Cryptocurrency on May 1, 2011 at 12:16am

This is not good at all. Excerpt from the yahoo article:

 

"Now, whenever you sign a contract to get a cell phone, open a bank account or take a job, you may be giving up your right to hold companies accountable for fraud, discrimination or other illegal practices," said Deepak Gupta, a Public Citizen lawyer who argued the case.

Sen. Patrick Leahy, D-Vt., chairman of the Senate Judiciary Committee, said the decision would hamper the rights of consumers to be protected by state laws.

"Class actions are an effective way to ensure consumer protection, but today's opinion by the Roberts court continued to move in a direction that undermines this access to justice for hard-working Americans," Leahy said.

 

 

 

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