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Charles Schwab Wins Pro-Arbitration ERISA Decision
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Aug. 21, 2019 "[T]he 9th Circuit has overturned and remanded the District Court’s decision on the grounds that it is no longer 'good law' to conclude that ERISA plaintiffs as a general matter cannot be forced into arbitration.... According to the District Court, the lead plaintiff’s claims were brought on behalf of the plan -- not on his own behalf -- and without the plan’s consent he [could not] waive rights that belong to the plan, such as the right to file this action in court." [Dorman v. The Charles Schwab Corp., No. 18-15281 (9th Cir. Aug. 20, 2019; also unpub. memo. opinion)] MORE >> |
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