Posted 1 year ago on Oct. 11, 2011, 7:33 p.m. EST by ownedbythebanks
This content is user submitted and not an official statement
On April 27, 2011 the Supreme Court of the United States by a five to four decision decided that arbitration clauses with class action waivers in contracts of adhesion are enforceable - overturning decades of state law invalidating such contractual language. AT&T Mobility v. Concepcion
This ruling basically has allowed banks and other corporations to systematically avoid the people's right to petition the judicial branch to right the injustices of these institutions.
This decision and the implications of the decision should be a major focal point of the Occupy movement. I urge everyone to read Judge Breyer's dissent: "What rational lawyer would have signed on to represent the Concepcions in litigation for the possibility of fees stemming from a $30.22 claim?"
$30 at a time AT&T stole from its customers. 1 person at a time, we can fix it.