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Description: Wells Fargo has asked a Federal District Court to order dozens of customers who are suing the bank over the opening of unauthorized accounts to resolve their disputes in private arbitrations instead of court, according to legal documents.

Source: NYTimes.com

Date: Nov 24, 2016

Link: http://www.nytimes.com/2016/11/24/business/wells-fargo-asks-court-to-force-customers-to-arbitration-in-fake-accounts-cases.html?ref=business&_r=0

Questions for Discussions:

  • What are the managerial and financial issues in this case?
  • What do you think the courts will decide?

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