CFPB Director Richard Cordray said the arbitration rule will "stop companies from sidestepping the courts and ensure that people who are harmed together can take action together."

If you liked this article you might like

Wells Fargo Should Step Up Board Changes, NYC Comptroller Says
Federal Reserve Could Spook Investors Soon, and It Has Nothing to Do With Trump
Investors Should Not Be Too Attached to Wells Fargo
Wells Fargo in Hot Water Again, Releases Sensitive Data on Some Wealthy Clients