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Stock impact report

‘Scared to Death’ by Arbitration: Companies Drowning in Their Own System [The New York Times]

AT&T Inc. (T) 
Last at&t inc. earnings: 4/22 06:54 am Check Earnings Report
US:NYSE Investor Relations: en.wiktionary.org/wiki/at
Business|‘Scared to Death’ by Arbitration: Companies Drowning in Their Own Systemhttps://nyti.ms/2V3O4jsmentContinue reading the main storySupported byLawyers and a Silicon Valley start-up have found ways to flood the system with claims, so companies are looking to thwart a process they created.The San Francisco headquarters of DoorDash, which a law firm hit with more than 6,000 arbitration claims from workers last summer.Credit...Jim McAuley for The New York TimesByMichael CorkeryJessica Silver-GreenbergTeel Lidow couldn’t quite believe the numbers. Over the past few years, the nation’s largest telecom companies, like Comcast and AT&T, have had a combined 330 million customers. Yet annually an average of just 30 people took the companies tolegal disputes with corporations.Mr. Lidow, a Silicon Valley entrepreneur with a law degree, figured there had to be more people upset with their cable companies. He was right. Within a few months, Mr. Lidow found more than 1,000 people interested Show less Read more
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