As brought up for discussion by Professor Peter Friedman at our Commercial and Industry Arbitration and Mediation LinkedIn Group, the law firm of Milberg LLP has filed a class action lawsuit against the National Arbitration Forum (NAF). The Complaint alleges, among other things, that NAF falsely presented its arbitration services as neutral. (read more here)
[Update: Click on the link for the text of the Complaint Magnone v. Accretive LLC, courtesy of Professor Ross Runkel's LawMemo Arbitration Blog.]
Related Posts:
- U.S. Congressional Hearing | “Mandatory Binding Arbitration – Is it Fair and Voluntary?” (Sept. 16)
- Videos of Congressional Hearing | Arbitration or Arbitrability?: the Misuse of Arbitration to Collect Consumer Debts (Sept. 7)
- Pending Legislation on U.S. Alternative Dispute Resolution: Update (Aug. 31)
- American Bar Association’s Resolutions on the Arbitration Fairness Act of 2009 (Aug. 26)
- Recent Developments in Arbitration of Consumer Disputes (Aug. 14)
- Testimony from the U.S. Congress Hearing on the Misuse of Arbitration to Collect Consumer Debts (July 24)
- The American Arbitration Association Confirms Today That It Supends Arbitration of Consumer Debt Collection (July 23)
- National Arbitration Forum Settles with Minnesota’s Attorney General (July 20)
- U.S. Congress Hearing on the Misuse of Arbitration to Collect Consumer Debts (July 20)
- National Arbitration Forum Sued by the Minnesota Attorney General (July 16)
- National Arbitration Forum’s Response to NPR Arbitration Story (June 17)
- Employment and Consumer Arbitration: NPR Article (June 10)
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arbitration, ADR, law, consumer arbitration, National Arbitration Forum
[...] Class Action Suit Filed Against the National Arbitration Forum (Sept. 17) [...]
I am really disappointed to hear how the NAF was misrepresenting itself. I’ve worked with consumers who would routinely consider working with that organization. It simply makes consumers even more reluctant to trust organizations that are truly trying to help them.
[...] In a surprising move, the National Arbitration Forum (NAF) —the country’s largest administrator of credit card and consumer collections arbitrations— has agreed to step aside from the credit card and consumer debt arbitration business. (read more here and here) This agreement came only a few days after Minnesota’s Attorney General sued NAF on July14 alleging consumer, deceptive trade practices, and false advertisement. (read more here). Also, the law firm of Milberg LLP filed a class action suit against NAF. The Complaint alleges that NAF misrepresented its services as neutral. (read more here) [...]