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.”
national arbitration forum
Minnesota Attorney General Punches National Arbitration Forum In The Face
By 7.14.09
Minnesota has filed a lawsuit against the National Arbitration Forum, alleging fraud, false advertising, and deceptive trade practices.
National Arbitration Forum Decides 61 Year Identity Theft Victim Owes $46,000
By 10.15.07
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]
Arbitration Firms Are Godless Bloodsuckers
By 10.2.07
n 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: [More]
