Ernst & Young Asks 9th Circ. To Back OT Arbitration

Law360, New York (February 13, 2012, 7:45 PM EST) -- Ernst & Young LLP told the Ninth Circuit on Friday that the U.S. Supreme Court's decision in Concepcion revived its right to arbitrate the claims of a former employee who hit the accounting giant with a wage-and-hour class action.

Indeed, a California federal court's decision in September that Ernst & Young waived its ability to push Michelle Richards into arbitration by litigating the matter was wrong because a party doesn't relinquish that right if trying to compel arbitration would have been futile under the law at...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.