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BoA (NYSE:BAC) drops a requirement that forced consumer disputes to be settled via arbitration,...

Aug. 14, 2009 7:25 AM ETBank of America Corporation (BAC) StockAXP, BAC, JPMBy: Rachael Granby, SA News Editor1 Comment
BoA (NYSE:BAC) drops a requirement that forced consumer disputes to be settled via arbitration, allowing consumers to file lawsuits directly against the bank. AmEx (NYSE:AXP) and JPMorgan (NYSE:JPM) are both evaluating similar changes to their dispute resolution policies.

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