Law360, New York (May 16, 2012, 1:48 PM ET) -- Consumer class actions threaten businesses with significant liability for damages, attorneys’ fees and injunctions, arising out of disputes that would otherwise involve very small amounts of money on a per-plaintiff basis.
Seeking to prevent class actions that arise from consumer contract disputes, many companies have inserted into their contracts arbitration provisions that not only require arbitration, but also prohibit consumers from bringing disputes in the form of a class action.
Last year, the U.S. Supreme Court ruled in AT&T Mobility LLC v. Concepcion,131 S. Ct. 1740...
Consumer Class Action Waivers Post-Concepcion
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