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.

Spread The Word

share on Facebook

Learn More

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

Join Our Social Networks

1-25 of 24455 signatures
Number Date Name Comment (optional)
24455 2 months ago donald kokkonen
24454 3 months ago Emmanuel May Justice get Truly Done Here!!!
24453 5 months 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 6 months ago TJ Colatrella Nationalize and Reform our Corrupt Banking System, Top to Bottom..!
24451 6 months ago E B
24450 7 months ago JIM
24449 7 months ago Darrel Whipple
24448 8 months ago PAM KUNG (please do not spam)
24447 8 months ago Saul Fuentes
24446 8 months ago Carey
24445 8 months ago Terrill Sheeks
24444 9 months ago Thom
24443 9 months ago DR. T. RANDALL (RANDY) MOCK, M.D., Ph.D.
24442 9 months ago Katherine Gilbert
24441 10 months 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...
24440 10 months 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...
24439 10 months ago Michael Pigott
24438 11 months ago Patrici Eason Please do this America. x
24437 1 year ago Francis Saponara-Rodriguez
24436 1 year 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
24435 1 year ago James Phelps
24434 1 year ago Ken Meersand
24433 1 year ago Nancy Cantalupo
24432 1 year ago Raymond Arent
24431 1 year ago Ronald Lockwood
Next ->

Copyright © 2016 Public Citizen. All rights reserved. This Web site is shared by Public Citizen Inc. and Public Citizen Foundation.
Learn More about the distinction between these two components of Public Citizen.

Public Citizen, Inc. and Public Citizen Foundation

Together, two separate corporate entities called Public Citizen, Inc. and Public Citizen Foundation, Inc., form Public Citizen. Both entities are part of the same overall organization, and this Web site refers to the two organizations collectively as Public Citizen.

Although the work of the two components overlaps, some activities are done by one component and not the other. The primary distinction is with respect to lobbying activity. Public Citizen, Inc., an IRS § 501(c)(4) entity, lobbies Congress to advance Public Citizen’s mission of protecting public health and safety, advancing government transparency, and urging corporate accountability. Public Citizen Foundation, however, is an IRS § 501(c)(3) organization. Accordingly, its ability to engage in lobbying is limited by federal law, but it may receive donations that are tax-deductible by the contributor. Public Citizen Inc. does most of the lobbying activity discussed on the Public Citizen Web site. Public Citizen Foundation performs most of the litigation and education activities discussed on the Web site.

You may make a contribution to Public Citizen, Inc., Public Citizen Foundation, or both. Contributions to both organizations are used to support our public interest work. However, each Public Citizen component will use only the funds contributed directly to it to carry out the activities it conducts as part of Public Citizen’s mission. Only gifts to the Foundation are tax-deductible. Individuals who want to join Public Citizen should make a contribution to Public Citizen, Inc., which will not be tax deductible.

To become a member of Public Citizen, click here.
To become a member and make an additional tax-deductible donation to Public Citizen Foundation, click here.