Judge Splits Arbitration Order For Plaintiffs In Interest Rate Suit
Mealey's (June 16, 2015, 4:20 PM EDT) -- MILWAUKEE — A federal judge in Wisconsin on March 17 held that one plaintiff in a class action lawsuit alleging violations of interest rate laws by loans originating on the Cheyenne River Sioux Tribe Reservation must arbitrate his claims but that the arbitration provision in a second plaintiff’s loan agreement could not be enforced (Eric Williams, et al. v. CashCall Inc., No. 14-903, E.D. Wis.; 2015 U.S. Dist. LEXIS 32620).
(Opinion available. Document #96-150325-050Z.)
Western Sky Financial is a lender that offers high interest...