Wells Fargo & Co. customers aiming to sue the bank over bogus accounts opened in their names may be in for an unpleasant surprise: the fine print requires them to take their claims to an arbitrator instead of a court.
Mandatory arbitration rules inserted into account-opening agreements prohibit customers from joining class actions or suing the third-largest U.S. bank in court. Instead, the agreements require individual, closed-door arbitration. SOURCE
Unbelievable! I’d bet old Warren Buffet is laughing his way to the bank! Without question the criminal banking system here in the United States would be immune. After all, they’re quasi government institutions in the first place.
