Second Circuit: Borrower not bound by arbitration clause

By: BridgeTower Media Newswires July 14, 2010 Comments Off

(Dolan Media Newswires) — A borrower seeking class-wide relief was not required to arbitrate a lawsuit alleging that his lender charged excessive interest rates for student loans, the Second Circuit has ruled.

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Second Circuit: Borrower not bound by arbitration clause

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Second Circuit: Borrower not bound by arbitration clause

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