Consumerist
-
good news
National Arbitration Forum Exits Credit Card Dispute Business
Score one for the consumer over unfair arbitration. Just last week, Minnesota's Attorney General sued the National Arbitration Forum (NAF) for fraud, false advertising, and deceptive trade practices—and now the company has agreed to pull out of the credit card business entirely. According to the settlement reached on July 17th, "The only business NAF can now be involved with is in arbitrating Internet domain disputes, a business it has long been in." More » -
lawsuits
Minnesota Attorney General Punches National Arbitration Forum In The Face
Minnesota has filed a lawsuit against the National Arbitration Forum, alleging fraud, false advertising, and deceptive trade practices. More » -
mandatory binding arbitration
National Arbitration Forum Decides 61 Year Identity Theft Victim Owes $46,000
Yahoo! Finance has a horrible story about a 61 year old lady living on $759 a month Social Security whose credit card was stolen and it ended up with the National Arbitration Forum (NAF) deciding she owed them $46,000. More » -
confessions
Arbitration Firms Are Godless Bloodsuckers
In 2006, Richard Neely, a retired chief justice of the West Virginia Supreme Court, penned an article for The West Virginia Lawyer entitled, "Arbitration and the Godless Bloodsuckers." The National Arbitration Forum asked him to be an arbitrator one time and Neely described his experience:
"[T]he bank asks for substantial costs related to the arbitration itself, and those costs are significantly higher than court filing fees. . . . In one case that I handled, the fees alone amounted to $450. Furthermore, the arbitration company sends the arbitrator a judgment form already filled out so that all the arbitrator need do is check the appropriate box... In my case I did not award the bank the litigation-related fees. . . . I never got another case!"
Full article inside... More »
- 1
1-4 of 4 for "national arbitration forum"
