Class Actions Are Powerful Tools for Social and Economic Justice
Big business keeps telling the public that class actions harm consumers. Perhaps it's time we listen to the real reason the financial industry remains steadfast in its opposition to class actions: because they work.
The U.S. Chamber of Commerce and the financial industry absolutely despise class actions, which are procedural devices enabling consumers to bring hundreds or thousands of small consumer claims in a single action to seek monetary damages and injunctive relief. For decades, the financial industry has launched assault after assault and misinformation campaign after misinformation campaign to the public attempting to persuade the very people that class actions protect that they are actually really bad for them. (This is exactly what they did by distorting the truth of the McDonald's hot coffee case).
Now, a new study by the Center for Justice and Democracy at New York Law School has revealed (as have many in the past) that consumer financial class actions not only help the victims of predatory lending and other illegal financial practices, but also provide powerful injunctive relief to deter future similar misconduct.
The Law Office of Boyd M. Mayo, PLLC is presently engaged in representing consumers in multiple class actions in Washington State. Mack Mayo has sought to protect consumers' right to sue in court in the class action context for years, including successfully arguing against unlawful arbitration agreements before the Washington Supreme Court.
If you have been injured financially by an unfair or deceptive business practice and would like to speak with a lawyer, feel free to call us at (509) 381-5091 or use our contact form below.