Lease Purchase Row Belongs In Arbitration, Ally Says

Law360, New York (July 21, 2014, 7:20 PM EDT) -- Ally Financial Inc. on Monday urged a Florida federal judge to compel arbitration in a putative class action filed by a man who alleged he had to pay more to purchase his vehicle than the price listed in his lease contract, saying the man is trying to skirt an arbitration agreement.

The auto-financing giant said Robert Schreiber is bound by an arbitration agreement in a suit claiming he paid nearly $400 more than the purchase price laid out in a lease contract for his 2012 Dodge...
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