Wells Fargo says customers gave up right to sue by having signatures forged

Re:Wells Fargo says customers gave up right to sue by having... by EdHominem on Saturday November 26, 2016 @02:20PM (#13045400)

> why does arbitration even exist in your opinion?

It's a scam that was invented to keep the inventor out of the trouble they knew their shitty actions would cause for them.

You don't need a contract for voluntary arbitration, you only need it to force someone into it when it's not in their best interests.

> people are taking "arbitration" to mean "whatever the company wants."

The company is the party with the lawyers, and which forces the clause into the contracts. Of course they feel it benefits them.

I highly doubt they're wrong...

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Re:Wells Fargo says customers gave up right to sue by having... by logicallee on Saturday November 26, 2016 @02:58PM (#13045553)

aren't lawyers usually not allowed at arbitration? (isn't that part of the whole point)?

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Re:Wells Fargo says customers gave up right to sue by having... by jpallas on Saturday November 26, 2016 @04:19PM (#13045925)

You may be thinking of small claims courts, where some states don't allow lawyers. Arbitration follows whatever rules the arbitration organization chooses.

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Re:Wells Fargo says customers gave up right to sue by having... by logicallee on Saturday November 26, 2016 @05:30PM (#13046306)

jpallas - okay - you're replying in two child comments, I've asked you followup questions above.

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