CHASE DROPS ARBITRATION FROM CARD CONTRACTS---see link below for full article
http://www.msnbc.msn.com/id/34069084/ns/business-us_business/
NEW YORK - JPMorgan Chase & Co. dropped a clause from its credit card contracts that required disputes with customers to be handled through binding arbitration.
The move opened the door for customers to potentially bring class-action and other lawsuits.
A spokesman for the New York-based bank's Chase Card Services Unit confirmed the change Friday, after a law firm that sued over the old policy announced a tentative settlement.