Criminal,
Corporate,
Banking
Jan. 10, 2018
SB 33: Arbitration agreements covering bank fraud are out
Senate Bill 33 prohibits financial institutions from forcing customers to give up their legal rights to adjudicate claims in court when a bank commits fraud or identity theft.
Brian S. Kabateck
Founding and Managing Partner
Kabateck LLP
Consumer rights
633 W. Fifth Street Suite 3200
Los Angeles , CA 90071
Phone: (213) 217-5000
Email: bsk@kbklawyers.com
Brian represents plaintiffs in personal injury, mass torts litigation, class actions, insurance bad faith, insurance litigation and commercial contingency litigation. He is a former president of Consumer Attorneys of California.
Shant A. Karnikian
Managing Partner and Trial Attorney
Kabateck LLP
Phone: (213) 217-5000
Email: sk@kbklawyers.com
Loyola Law School
While the federal government rolls back consumer protections that previously allowed victims of financial fraud to sue in civil court, California remains a bulwark in the effort to hold banks and big business accountable for harm resulting from the wrongful conduct of corporations.
Senate Bill 33, authored by Sen. Bill Dodd (D-Napa), prohibits financial institutions from forcing customers to give up their legal rights to adjudicate ...
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