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
Shant A. Karnikian is a Managing Partner and trial attorney with Kabateck LLP. His practice focuses on insurance bad faith, catastrophic personal injury, and consumer class actions.
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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