Revoke Wall Street’s License to Steal

Tell Five of America’s Biggest Banks to Stop Hiding Behind Forced Arbitration Clauses, Which Block Ripped-off Consumers from Holding Banks Accountable

JPMorgan Chase, Citigroup, Wells Fargo, US Bancorp and PNC Financial have found too many ways to break the law.

Buried in the fine print of these banks’ customer contracts is a forced arbitration clause that kicks ripped-off customers out of court and instead funnels them into a rigged game designed by Wall Street. Customers are forced to plead their cases to a private arbitrator who doesn’t even have to follow the law.

The arbitrator’s decision is almost impossible to appeal, and any evidence of corporate wrongdoing — conveniently for the Big Banks — remains secret.

With forced arbitration, Wall Street has given itself a license to steal from the public and evade the law. Tell these banks to respect consumers and stop using forced arbitration!

Petition to JPMorgan Chase, Citigroup, Wells Fargo, US Bancorp and PNC Financial:

We, the undersigned, call on your financial institution to remove the forced arbitration requirements from your contracts with customers. Forced arbitration functions as a license to steal that makes it impossible for customers to hold you accountable in court if you break the law. Honor our rights and stop using forced arbitration.

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Which corporations use forced arbitration to block their customers' rights? Find out on Public Citizen's Forced Arbitration Rogues Gallery

How Big Are These Big Banks?

  • JPMorgan Chase: $2.4 trillion in assets
  • Citigroup: $1.88 trillion
  • Wells Fargo: $1.8 trillion
  • US Bancorp: $364 billion
  • PNC Financial: $321 billion

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1-25 of 24461 signatures
Number Date Name Comment (optional)
24461 2 months ago erin yarrobino
24460 8 months ago Kenneth Barnes Support Senator Al Franken's bill to reform this arbitration injustice.
24459 9 months ago Allison Bramhall Just watched the Big Short and have been feeling extremely helpless. One small step like this at a time to keep these monsters in line.
24458 9 months ago Kyle Bramhall Too big to fail. Makes me sick to my stomach.
24457 1 year ago Kathie Arnold They should be held to the same standards the rest of us are.I would like to be held to there standards too.(to big to fail)
24456 1 year ago Bill Ward
24455 1 year ago Donald Kokkonen
24454 1 year ago Emmanuel May Justice get Truly Done Here!!!
24453 1 year ago Kenneth Dyas Talk their language by changing to community-based banks, If the big banks lose enough accounts/profits they will definitely change their practices. Vote with your money!!
24452 2 years ago TJ Colatrella Nationalize and Reform our Corrupt Banking System, Top to Bottom..!
24451 2 years ago E B
24450 2.1 years ago jim
24449 2.1 years ago Darrel Whipple
24448 2.1 years ago PAM KUNG (please do not spam)
24447 2.1 years ago Saul Fuentes
24446 2.2 years ago Terrill Sheeks
24445 2.2 years ago DR. T. RANDALL (RANDY) MOCK, M.D., Ph.D.
24444 2.3 years ago Katherine Gilbert
24443 2.3 years ago ELENA SIVAC Our family is victims of the arbitration that forcing us commit the law violation ("unlawful act") and even so, there is very slim possibility the arbitrator' award will be vacated. How in t...
24442 2.3 years ago Peter and Marilyn Deraney Egregious unethical corporate behavior given as a right through hidden fine print cries out for reform legislation. Imagine if real persons had such language limiting corporate right to sue individu...
24441 2.3 years ago Michael Pigott
24440 2.4 years ago Patrici Eason Please do this America. x
24439 2.5 years ago Francis Saponara-Rodriguez
24438 2.5 years ago Juliet Haun I am tired of legalized thieving & extortion.pas this law & restore our rights. Our rights GUARANTEED by the CONSTITUTION.
Thank you Juliet. Haun
24437 2.6 years ago James Phelps
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