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“Arbitration: Is It Fair When Forced?” On October 13, 2011, Senator Al Franken (D-MN) presided over a Senate Judiciary Committee hearing titled: “Arbitration: Is It Fair When Forced?” Excellent testimony was presented on how binding mandatory arbitration deprives consumers of their day in court. Citizen Works signed on to the coalition letter supporting this legislation.…
Read MoreFAIR CONTRACTS’ OPEN LETTER TO BRIAN MOYNIHAN, CEO, BANK OF AMERICA October 4, 2011 Mr. Moynihan: On Monday afternoon, October 3, the Associated Press reported that Bank of America, your bank, America’s largest bank by numbers of deposits, had its share price sink “9 percent to $5.53, a level not seen since the financial crisis…
Read MoreCALL YOUR BANK TODAY and tell them not to mess with your debit card! Take action NOW: The media today is reporting that Bank of America and other large banks are going to or are testing whether to charge their customers a fee, as much as $5, for the customers’ "privilege" of accessing their own money with…
Read MoreProgress is made on health insurance forms with proposed HHS rules! On August 17, 2011 the Department of Health and Human Services proposed new regulations to make insurance form terms clear and available before consumers must engage in the enrollment process. Fair Contracts encouraged this long overdue reform. On June 17, 2010, representatives from…
Read MoreThe New York Times reports this fair contract win by Ralph Nader to object to the fine print in airlines refunds. Nader recommends small claims courts for consumers. See: http://www.nytimes.com/2011/07/24/your-money/ralph-nader-and-the-airline-refund-the-haggler.html
Read MoreToday, July 21, the Consumer Financial Protection Bureau (CFPB) officially launches. The CFPB released a report earlier in the week to outline its progress since the passage of the Dodd-Frank Wall Street Reform and Consumer Protection Act last year. The report, "Building the CFPB,” begins with a letter from Professor Elizabeth Warren, Special Advisor to the…
Read MoreFair Contracts Stands Up for Elizabeth Warren in the Washington Post and in Counterpunch. See: http://www.washingtonpost.com/national/on-leadership/elizabeth-warren-wicked-smart-and-on-her-way-out/2011/07/18/gIQAy4eFMI_story_1.html And: http://www.counterpunch.org/amato07182011.html Thank you Elizabeth Warren for all your hard work to make contracts more fair for American consumers! We expect great progress as the Consumer Financial Protection Bureau you have shaped launches this week on July 21.
Read MoreFair Contracts is featured on Reporter Bob Sullivan’s MSNBC’s Red Tape Chronicles: http://redtape.msnbc.msn.com/
Read MoreFair Contracts to Host Panel Discussion on What Can Be Done to Make the Fine Print in Standard Form Contracts Fair for Consumers, Friday, June 24, 2011 at 2 p.m. at the Chicago-Kent College of Law See the attached PDF for Details/Video Highlights to Follow in July Now Approved for 1.0 hr of MCLE in IL. …
Read MoreRalph Nader Writes "Contract Peonage" An "Open Letter to Attorneys for Contract Incarceration": It is time to shine the light on the big, affluent corporate lawyers who anonymously create those non-competitive fine print contracts we all have to sign to purchase goods and services. It’s time for an open letter to these Darth Vaders of business…
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