Supreme Court backs businesses, curbs class arbitration

THE U.S. SUPREME COURT gave businesses more power to channel disputes into individual arbitration proceeding in a ruling Wednesday. / BLOOMBERG NEWS FILE PHOTO/ANDREW HARRER
THE U.S. SUPREME COURT gave businesses more power to channel disputes into individual arbitration proceeding in a ruling Wednesday. / BLOOMBERG NEWS FILE PHOTO/ANDREW HARRER
NEW YORK - An ideologically divided U.S. Supreme Court gave businesses more power to channel disputes into individual arbitration proceedings, siding with a lighting retailer trying to prevent its employees from pressing group claims stemming from a phishing attack. The 5-4 ruling said courts shouldn’t allow class arbitration unless an agreement clearly authorizes that type…

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