AG James Sues Sham Arbitration Service Created To Help Predatory Merchant Cash Advance Industry

The #1 source in the world for all things Harlem. New York Attorney General Letitia James today sued the online arbitration platform Rapid Ruling and its founders, Zachary Meyer and Andrew Sachs. They are being sued for fraudulently presenting Rapid Ruling as a neutral arbitration forum while secretly working with the merchant cash advance (MCA) industry to stack the deck against small businesses. Rapid Ruling was… The post AG James Sues Sham Arbitration Service Created To Help Predatory Merchant Cash Advance Industry appeared first on Harlem World Magazine.

AG James Sues Sham Arbitration Service Created To Help Predatory Merchant Cash Advance Industry

The #1 source in the world for all things Harlem.

New York Attorney General Letitia James today sued the online arbitration platform Rapid Ruling and its founders, Zachary Meyer and Andrew Sachs. They are being sued for fraudulently presenting Rapid Ruling as a neutral arbitration forum while secretly working with the merchant cash advance (MCA) industry to stack the deck against small businesses. Rapid Ruling was…

The post AG James Sues Sham Arbitration Service Created To Help Predatory Merchant Cash Advance Industry appeared first on Harlem World Magazine.