Judge Says Paypal's Arbitration Rules Unfair

MooRogue points to this article in today's San Francisco Chronicle, which reports U.S. District Court Judge Jeremy Fogel's ruling that Paypal "attempts to isolate itself from challenges," noting "Judge Fogel also refused to dismiss the class-action lawsuit going against Paypal." I guess I've been lucky with PayPal so far, but I know a few people who haven't.

Comments

Law jumping

[papasui]

Paypal does need some sort of governing body to prevent it from just taking peoples money. Regardless of whether there a bank they are a company dealing with consumers money and need federal regulation as the money comes across state lines.