JPMorgan Loses Bid To Thwart Class Arbitration In Wage Suit

Law360, New York (November 15, 2013, 4:06 PM EST) -- A California federal judge on Thursday rejected JPMorgan Chase & Co.'s attempt to stop two former appraisers from arbitrating wage-and-hour claims on a classwide basis, holding that it wasn't in the court's purview to decide whether their agreement authorized class proceedings.

U.S. District Judge Josephine L. Staton denied JPMorgan's motion to compel arbitration on an individual basis, relying on a 2003 plurality ruling by the U.S. Supreme Court in Green Tree v. Bazzle as “useful guidance” even though that opinion wasn't binding. 

Judge Staton noted that...
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