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Stock impact report

StubHub refund ruling highlights Calif. precedent companies despise [Reuters]

Rent-A-Center Inc. (RCII) 
Last rent-a-center inc. earnings: 2/24 05:12 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.rentacenter.com
Company Research Source: Reuters
The company and law firm names shown above are generated automatically based on the text of the article. We are improving this feature as we continue to test and develop in beta. We welcome feedback, which you can provide using the feedback tab on the right of the page. (Reuters) - The McGill rule has struck again. U.S. District Judge Haywood Gilliam of Oakland on Monday refused to compel arbitration of California state-law claims by a class of consumers who allege that StubHub Inc wrongfully changed its cash refund policies when COVID-19 forced widespread event cancellations. StubHub's terms of service include a provision requiring individual arbitration of consumer claims, but Gilliam ruled that the company cannot enforce the provision for claims under California law because of state supreme court precedent from 2017's McGill v. Citibank NA. The California justices held in McGill that the Federal Arbitration Act does not pre-empt state laws that allow plaintiffs to seek a pub Show less Read more
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