this post was submitted on 27 Sep 2024
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Valve previously sued a law firm in attempt to stop mass arbitration claims.

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[–] czech@lemm.ee 19 points 1 month ago (3 children)

A law firm was trying to extort Valve with 75k arbitration claims which would cost $3k per claim ($225mm total). As an alternative they offered to settle for $2.9k per claimant.

In the 5 years since the binding arbitration was introduced valve has had only 3 arbitration cases and won all three.

Summarized from the article.

[–] Psychodelic@lemmy.world 3 points 1 month ago (2 children)

Thanks for sharing that info - I was just going off the recent headlines

To your second point, don't companies normally win arbitration cases? I thought that was the whole point of it all - to make it easier for a company to win lawsuits

[–] czech@lemm.ee 4 points 1 month ago (1 children)

Yea, it looks like the win rate for consumers in arbitration is less than 1%. I'm not sure what consumers win rate is in court but it must be better than that.

[–] xcjs@programming.dev 1 points 1 month ago

If it wasn't better than that, no company would want arbitration cases.