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Thursday, March 28, 2024

Pilgrim Christakis Llp

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  • Attorney: CFPB study shows arbitration more often benefits consumers

    By Jessica Karmasek |
    Defense attorney Matt Stromquist joins academics, industry and federal lawmakers in criticizing the Consumer Financial Protection Bureau’s set of proposed rules prohibiting mandatory arbitration clauses that prevent class action lawsuits and the study upon which they’re based. Stromquist also takes issue with how arbitration has been depicted in recent months.