Tolerance.ca
Looking inside ourselves and out at the world
Independent and neutral with regard to all political and religious orientations, Tolerance.ca® aims to promote awareness of the major democratic principles on which tolerance is based.

Proposal Would Give US Consumers' Right to Sue Financial Companies

The top U.S. consumer financial regulator proposed a rule Thursday that would make it easier for ordinary consumers to file class-action lawsuits against their banks, rather than seek a resolution through mandatory arbitration. Most U.S. bank customers relinquished their right to sue when they signed credit card agreements, bank accounts and insurance policies without reading the fine print. The Consumer Financial Protection Bureau, wanting to to put a stop to that, proposed a rule...

Read complete article
© Voice of America -


Follow us on ...
Facebook Twitter