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Second Circuit finds that class arbitration waiver clause is unconscionable, refuses to compel arbitration

  • Locke Lord LLP
  • -
  • USA
  • -
  • September 1 2010

In Fensterstock v. Education Finance Partners and Affiliated Computer Services, Inc., plaintiff Fensterstock commenced a class action lawsuit in the Southern District of New York against Education Finance Partners and Affiliated Computer Services for engaging in fraudulent and deceptive practices in connection with the issuance of student loans