TALLAHASSEE, Fla. (AP) - The state Supreme Court sided with a pay day loan company in a ruling that keeps customers from banding together to sue the company.
The decision Thursday was made based on U.S. Supreme Court ruling last year that said California law couldn't invalidate language in AT&T Mobility cell phone contracts that calls for disputes to be settled through arbitration rather than lawsuits.
In the Florida case, a lower court ruled that the contract customers signed with McKenzie Check Advance was invalid because borrowers in Palm Beach County were unable to seek justice because they couldn't find lawyers willing to pursue individual claims for relatively small amounts of money.
Circuit Judge Elizabeth Maass ruled the clause was "unconscionable." The state high court overturned that ruling.
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