Mandatory Arbitration Amendments Thwart Excessive Overdraft Fee LawsuitsWashington, DC Even with a promising bank overdraft fees lawsuit, checking account consumers can find themselves suddenly, unexpectedly blocked by an obligation to arbitrate disputes with a bank or credit union. Consumers are often not even aware that they have signed these agreements. Under recent U.S. Supreme Court rulings, that can be the end of a class action lawsuit.
The Gig Economy v. Assembly Bill 5San Jose, CA When the Assembly Bill 5 (AB 5) was signed in September 2019, Uber and Lyft said they'd sponsor a ballot initiative to take the issue to California voters in November 2020. To date, over $110 million has been raised and more than a million signatures collected to sponsor the initiative known as the "Protect App-Based Drivers and Services Act", which could exempt some companies from AB5 written into the California labor law. Labor and employment lawyer Michael Warren with the McManis Faulkner law firm says Uber and others will need more than money and signatures.
California Sues Uber and LyftSan Francisco, CA On May 5, Attorney General Xavier Becerra filed a lawsuit on behalf of the State of California alleging that Uber and Lyft have misclassified on-demand drivers as independent contractors in violation of the California Labor Code, Wage Orders and Unemployment Compensation laws.
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