In the roughly three weeks since Robinhood restricted trading of certain securities, including GameStop, investors have filed more than 90 federal lawsuits generally claiming that the trading app’s actions were unfair and unlawful, court records reviewed by CNBC’s Make It reveal.
Yet consumer advocates and lawmakers including Sen. Elizabeth Warren, D-Mass., worry that users who have filed these suits will not get their day in court. That’s because Robinhood’s user agreement contains a clause that requires disputes by users to be settled in arbitration and not in the civil court system.
Read the complete story, here.
This article was first published on the Arbitration Matters blog, here. In The 6th Line Mofos Limited v Stewart, 2022 ONSC 520, Justice Healey dismissed a summary judgment motion brought by parties...
By Lisa C. MunroIn this episode of the Arbitration Conversation, Amy interviews Prof. Dave Larson of the Mitchell Hamline School of Law about digital accessibility in mediation, arbitration, and online dispute resolution. https://www.youtube.com/watch?v=UEyWsL-3zcU
By David Larson, Amy SchmitzThis week, UNCITRAL Working Group III will consider the Draft Arbitrator Code of Conduct. They will be looking at proposed Article 3(2)(a), pursuant to which the obligation to remain independent and...
By Katherine Simpson
With the purchase of a Featured Membership, you will be shown on the front page of Arbitrate.com to web site visitors from your city and region (“state” if you are in the USA). You may appear in more than one city/region by purchasing additional locations.