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US Bank Loses Renewed Bid To Arbitrate Deposit Box Dispute

By Katryna Perera ( March 7, 2025, 9:03 PM EST) -- A California federal judge denied U.S. Bancorp's renewed motion to compel arbitration in a suit alleging the bank unlawfully drilled into some of its customers' safe deposit boxes without consent, after the Ninth Circuit vacated the court's prior order compelling arbitration, finding the bank failed to prove the arbitration clause was properly incorporated into customer contracts....

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