2nd Circ. Gives Citi 2nd Shot At Arbitration In Miles Suit

Law360, Los Angeles (October 22, 2013, 4:50 PM EDT) -- Citigroup Inc.’s nominal bank will get another crack at arbitration, thanks to a contract customers had signed, in a proposed class action alleging the bank lured customers with airline miles then later stuck them with the tax bill, the Second Circuit ruled Tuesday.

Citibank customers who signed on for the airline miles deal with their cards were also signing a contract with an arbitration agreement, and that agreement must be honored, the appellate panel wrote in its Tuesday opinion, which was, as a summary judgment ruling,...
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