class actions against Wall Street News

Trump Signs Order Curbing Consumer Class Actions Against Banks

President Donald Trump signed a Congressional resolution on Wednesday that lets banks block customers from filing class action lawsuits, partly delivering on his election campaign promise to lighten U.S. financial regulation. The White House confirmed Trump signed the resolution, which …

Consumer Agency Seeks to Limit Financial Firms’ Arbitration Clauses

Banks and credit card companies may not force customers to sign away their legal rights to take part in class action lawsuits, under an early-stage U.S. government proposal that is likely to draw ire from Wall Street. The Consumer Financial …