| Volume 76 Number 7 |
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The People’s Lawyer’s Tip of the Day
A hurricane or other weather event may make it difficult or impossible to live in your apartment but as far as the law is concerned you still owe rent. Your landlord has a reasonable time to make repairs before you may terminate your lease. Click here for more.
$1.1 Billion LCD Price Fixing Settlement
Over the course of eight years, some of the world's leading manufacturers of LCD screens used in televisions, monitors, and laptops colluded to inflate prices on their products. Last week, three of the major manufacturers settled a class action lawsuit for more than $571 million. In total, manufacturer settlements amount to more than $1.1 billion. Of the settlement, nearly $700 million is set aside for partial refunds. The settlement includes Hitachi, Sharp, Samsung,Toshiba, LG and AU Optronics. Think you might be included in the settlement? Visit https://lcdclass.com/ for more information. Click here for more.
CFPB to Supervise Credit Report Companies
Starting in September, credit report companies will be under the supervision of the Consumer Financial Protection Bureau. According to the Bureau, it will oversee the credit report companies due to the massive influence they have over Americans' financial well-being. Although Experian, Equifax, and TransUnion are the three major credit bureaus, the new rule is primarily designed to monitor the thirty-some sites raking in $7 million each year. Remember, http://www.annualcreditreport.com is the only government-approved site for free credit reports. For more on the CFPB's plans, visit http://www.consumerfinance.gov/. To find out why the CFPB decided to start regulating credit reporting companies, Click here for more.
Your Money
Will a hybrid vehicle actually help you save any money in the long run? Click here for more.
For the Lawyers
Parties can waive arbitration notwithstanding a no waiver clause. The Sixth Circuit affirmed a district court's finding that the defendant had waived its right to arbitration by participating in litigation for eight months. Click here for more.