4th Circ. Backs Arbitration In BoFA's PPP Loan Suits

By Gina Kim ( January 13, 2025, 10:18 PM EST) -- The Fourth Circuit on Monday affirmed a decision ordering small businesses to arbitrate their proposed class action alleging Bank of America misled them on how to use the Paycheck Protection Program, noting the deposit agreements say an arbitrator will decide all disputes, including the scope of the arbitration provision....

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