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Chase drops arbitration from card contracts
Fri 5:10 pm ET (AP)
JPMorgan Chase & Co. said Friday it is dropping a clause from its credit card contracts that required disputes with customers to be handled through binding arbitration, a move that could lead to consumers filing class-action and other lawsuits.
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| Market Capitalization: | 792B | | Price
/ Earnings: | NM | | Price
/ Book: | 2.9 | | Net
Profit Margin (mrq): | 1.7% | | Price
To Free Cash Flow (mrq): | 7.0 | | Return
on Equity: | 1.3% | | Total
Debt / Equity: | 0.0 | | Dividend
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