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News Posted on August 4, 2017

Professors Horton, Chandrasekher Cited in Consumer Financial Protection Bureau Arbitration Rule

Research by UC Davis School of Law Professors Andrea Chandrasekher and David Horton is cited in a new rule adopted by the Consumer Financial Protection Bureau (CFPB) prohibiting financial firms from forcing consumers into arbitration in disputes over their bank and credit card accounts. The federal agency’s action, which frees consumers to band together in class-action lawsuits, drew coverage in media including the New York Times.

The CFPB cited Chandrasekher and Horton’s co-authored article “After the Revolution: An Empirical Study of Consumer Arbitration,” first published in the Georgetown Law Journal.