The nation's consumer watchdog wants to help you sue financial companies for wrongdoing.
Banks and payday lenders have had a good deal going for a while: They could break the law, trick their customers in illegal ways, and not have to face any consumer lawsuits.
The case is one of many the court heard while Justice Antonin Scalia was still on the bench.
Dow Chemical settled a price-fixing lawsuit because it lost the late justice's vote.
The clause strips workers of their right to sue in class actions. One worker says he has until the end of Friday to sign it.
As it stands now, the small guy with the small claim loses to the big guy without ever having the chance to prove his claim, because to do so would cost more in time and expense than the claim itself.
It appears the court won't be dealing a blow to worker efforts to bring class action lawsuits against their employers.
Unlike many of the industries that force their customers and workers into arbitration, the for-profit college industry is fueled almost entirely by taxpayer money -- some $30 billion per year, for many companies amounting to around 90 percent of their revenue.
Today the Supreme Court put another nail in the coffin of the withering body of consumer rights. In the American Express v. Italian Colors case, the Court furthered its trend that permits corporations to use arbitration to prevent consumers from challenging their unlawful conduct.
Closing down for the summer is not the Roberts Court's only disappearing act. During this past term, a disturbing trend emerged of withdrawing the courts from their historic and institutional role in providing justice for ordinary Americans.
With AT&T Mobility vs. Concepcion, the Supreme Court has permitted alleged corporate fraud to go unheard and unpunished and, in turn, has silenced the voice of the consumer in the process.
On Wednesday, the U.S. Supreme Court sided with AT&T in AT&T Mobility v. Concepcion -- a decision with devastating consequences for consumer protection and civil rights.