New reporting from
The Wall Street Journal reveals that mandatory arbitration -- often called "kangaroo court arbitration" by Clark -- is more of a rip than even previously thought.
The
Journal reveals that private-equity firm Accretive LLC owns the National Arbitration Forum, law firm Mann Bracken
and the collection agency that collects on any judgments.
That's like going before a judge in a dispute with a company and having the company own the judge and lawyers, plus the third party you have to pay when you're ruled against. In essence, one party is playing judge, jury and executioner!
But wait, it gets worse. With mandatory arbitration contracts, the company is eligible to immediately get a judgment against you in court without giving you a day before a judge -- as if that would even matter in these kangaroo cases! But it could result in a garnishment of your wages or the emptying of your account.
In addition, the
Journal reports there's also sworn testimony on record that if an arbitrator found in your favor, they got fired. Talk about a stacked deck!
There's a reason why we have three branches of government. Throughout our nation's history, brave men and women have fought for our freedom. For corporate America to spit on their graves by not allowing you your day in court is an outrage. In fact, Clark is declaring it a national scandal.