1st DCA Says EquityComp Program Providers Can't Compel Arbitration With Ex-Customer

A California appellate court this week ruled that yet another disgruntled EquityComp customer could not be compelled to arbitrate its fraud claims against the program providers. The EquityComp program has been the subject of multiple lawsuits across the country, brought by employers upset that they didn’t realize the cost savings they had been promised. So far, the Court of Appeal for both the 2nd and 4th districts of California have found the EquityComp program providers cannot force their former customers into arbitration, and the 1st District followed suit on Wednesday. In 2012, Lu...