Magistrate: Validity Of Arbitration Clause Requires Dismissal Of Investor Claims

Mealey's (April 28, 2022, 2:30 PM EDT) -- AUSTIN, Texas — A federal magistrate judge in Texas on April 26 recommended dismissing an investor’s class claims against an online gambling company and its CEO because the investor failed to show that an arbitration agreement she signed as part of a subscription agreement is invalid, and Fifth Circuit U.S. Court of Appeals precedent requires that the action be dismissed instead of stayed pending arbitration....