Letter to House Financial Services Committee in support of the Investor Choice Act.
NACA joined public interest groups on a letter in support of the Blumenthal amendment to the National Defense Authorization Act for the fiscal year of 2022. The amendment would prohibit the use of forced arbitration in contracts covered by the Servicemembers Civil Relief Act and the Uniformed Services Employment and Reemployment Rights Act.
NACA submitted comments in response to the Department of Education's Notice of Negotiated Rulemaking to urge the Department to issue regulations that would prohibit schools that participate in the federal aid program from using forced arbitration clauses in their enrollment contracts.
NACA joins 82 other organizations in strong support of the Forced Arbitration Injustice Repeal (FAIR) Act.
In February, Wells Fargo ended forced arbitration for employees with sexual harassment claims. NACA joined this letter to Wells Fargo HR head David Galloreese to urge Wells Fargo to extend this new policy to all potential claims from employees and customers.
NACA to Congress: The Forced Arbitration Injustice Repeal Act would bar forced arbitration from deciding the outcome of consumer, civil rights, employment, or antitrust violations. It would restore to harmed consumers and workers the right to choose to go to court before a judge and jury when they are financially or physically harmed. Congress should pass this bill.
The National Association of Consumer Advocates, a national nonprofit organization engaged in promoting a fair and open marketplace that forcefully protects the rights of consumers, particularly those of modest means, strongly supports the Forced Arbitration Injustice Repeal Act (FAIR Act). The FAIR Act would end the unjust use of forced arbitration clauses in consumer and worker contracts. Congress should pass this bill.
NACA submits letter on behalf of organizations to U.S. Senate Judiciary Committee for hearing entitled “Arbitration in America.”
NACA to U.S. House Financial Services Committee: Accountability in the financial marketplace is crucial, and we remain concerned over Wells Fargo's use of restrictive contract terms, known as forced arbitration clauses, that deny its customers of their right to go before a judge and jury when they are harmed by its misconduct. It is time to end this practice.
The National Association of Consumer Advocates, a national nonprofit organization engaged in promoting a fair and open marketplace that forcefully protects the rights of consumers, particularly those of modest means, writes Congress to share our strong support of legislation that would end the corporate use of forced arbitration against consumers and workers.