9th Circ. Says MoneyLion Arbitration Agreement Is Valid
Law360 (February 19, 2021, 10:11 PM EST) -- The Ninth Circuit on Friday affirmed a district court's ruling that a woman suing mobile banking company MoneyLion for being a "high-tech debt trap" must arbitrate her claims, finding that the arbitration agreement does not conflict with a California Supreme Court ruling.
U.S. Circuit Judge Amul R. Thapar, writing for the panel, rejected Marggieh DiCarlo's argument that she could only secure public injunctive relief by acting as a private attorney general, which the arbitration agreement explicitly prohibited. The panel found that such relief is available in an individual lawsuit without a plaintiff acting as a private attorney general.
"Public injunctive relief...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!