Supreme Court Says Concepcion Covers Antitrust Cases

Law360, New York (June 20, 2013, 11:23 AM EDT) -- The U.S. Supreme Court ruled Thursday that courts can't overturn a class arbitration waiver simply because it would cost plaintiffs more to arbitrate the claim than they could possibly recover, overturning the Second Circuit's ruling allowing an antitrust class action against American Express Co.

In a 5-3 decision, the justices held that the Federal Arbitration Act bars courts from invalidating contractual class action arbitration waivers. The court further ruled that the notion that plaintiffs are entitled to "effective vindication" would only block a contract stopping plaintiffs...
To view the full article, register now.