Have you signed a “fine print” contract? They’re in contracts for almost everything, from car loans to cellphones, to nursing homes to credit cards – even signing up for a Facebook account. Anytime you hit a “terms and agreements” checkbox, you’re signing away your right to hold corporations responsible for wrongdoing.
The "fine print” forces you into arbitration if you have a dispute with the company. Why should you care? It means you can’t go to court if your loved one is harmed in a nursing home, your cell phone catches on fire or your employer pulls a fast one on you.
Arbitrators should adhere to ethical standards, disclose financial and other relationships and be excluded if there are conflicts of interest. There should be public reporting of these actions, just like the courts. And their should be basic protections preventing out-of-town venues, waiver of legal rights and one-party arbiter selection.
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If you’ve been harmed by unfair arbitration clauses, we want to know – share your story below. The most stories we collect, the more powerful our coalition becomes!
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A few places that have binding arbitration agreements in their contracts, tying the hands of Coloradans...
...and the list goes on. Forced arbitration agreements are every where - you most likely trigger a handful before you even got to work. Use your computer? Check Facebook or Instagram? Read your Gmail? Take an Uber to work? Check your bank account? Then you probably triggered a forced arbitration agreement.
Even places that we trust with our loved ones - like daycare centers or nursing homes - have forced arbitration agreements in their contracts; prohibiting you from holding them accountable should they harm your child or parent. It's ridiculous.
See some examples below of what these clauses my look like & make sure your friends and family are aware of what rights they are signing away.
To learn more about forced binding arbitration, read the New York Times' three-part series about forced arbitration, "Beware The Fine Print," below - a finalist for the 2016 Pulitzer Prize for investigative reporting:
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