Is This the Beginning of the End for Forced Arbitration?

The Consumer Financial Protection Bureau released its highly anticipated proposed rule to prohibit banks and other financial service providers from banning its customers from filing class action lawsuits to address alleged wrongdoing.  The proposal, found here:  (http://files.consumerfinance.gov/f/documents/CFPB_Arbitration_Agreements_Notice_of_Proposed_Rulemaking.pdf) is designed to limit the use of foreced arbitration, to prevent banks and other finance companies from “sidestepping the… Read more »

GSP Investigates Massive VTech Data Breach Affecting Parents and Children

If you believe that you are a victim of the VTech data breach, please contact a GSP attorney to learn more about your rights. GSP attorneys are actively litigating data breach actions against Community Health Systems, Anthem, Premera, Intuit, Medical Informatics Engineering, United Shore and Target. Please contact Mark Goldman at goldman@lawgsp.com or Paul Scarlato at scarlato@lawgsp.com or call (484) 342-0700 with any questions you may have.

Get Out of Jail Free – Forced Arbitration

Companies Band Together to Require Forced Arbitration as a Way to Avoid Liability The New York Times recently investigated the increasing use of arbitration clauses placed in consumer contracts by credit card issuers, cell phone providers, financial institutions and other large companies.   “From birth to death, the use of arbitration has crept into nearly every… Read more »

Anthem

Anthem Inc., one of the country’s largest health insurers, reported that its database containing personal information for about 80 million of its customers and employees, was hacked. Anthem said that the breach exposed employees’ and customers’ names, birthdays, addresses, and Social Security numbers. All of Anthem’s business units are affected by the data breach. Anthem… Read more »