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Sen. Brown introduces bill to allow consumers to file class-action suits against financial companies

Tuesday, March 5, 2019
DAVE KOVALESKI | Financial Regulation News

U.S. Sen. Sherrod Brown (D-OH) introduced legislation last week that would end the practice of forced arbitration and allow consumers to file class action suits against financial companies.

The Arbitration Fairness for Consumers Act would also ensure that financial crimes cannot be hidden from the public in a private and opaque process.