JPMorgan, Facebook Fight Mass Arbitration Legal Strategy

July 3, 2019, 9:58 AM UTC

Employers increasingly fear the unintended consequences of their success in keeping workplace disputes out of court, and the latest front in the battle over arbitration could mean they face tens of thousands of individual cases that overwhelm and burden them instead of providing the speedier solution for which they hoped.

In a recent case before the U.S. Court of Appeals for the Fifth Circuit, JPMorgan Chase faced a claim that it shorted a potential group of 42,000 workers on wages. The bank moved for arbitration agreements for 30,000 of the workers to be enforced by a federal court.

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