My NASD agreement compelled me to use the services of AAA. The Bizarre ruling in my case impoverished me, and justice was denied. If your one person against a 8 billion dollar Goliath where there is no appeal or review, the cozy relationships amongst the legal community has created secret lynching's done in the hallways and offices of AAA.
My employment contract stated, " Any controversy or claim arising out of or relating to this contract, or breach thereof, shall be settled by arbitration in accordance with the Commercial Arbitration Rules of the American Arbitration Association and judgment upon award rendered by the arbitrator (s) may be entered in any court having jurisdiction thereof."
In my case where a disappearing service fee due me had found its way to other employees in other states over a period of several years. The arbitrators ruling amounted to constructive fraud as my employer was filing false accounting to conceal this from me.
" Part of the reason for this may be the arbitrators desire not to alienate future sources of business. This destroys beneficial relationships whether business or social. When one has an ongoing contractual relationship with the specified provider a disparity is created between the parties in arbitration. The arbitrator cannot help but know that their awards in the aggregate, must keep the institutional clients happy" Deborah Rothman, AAA Panel of Arbitrators, Daily Journal.
There are everyday people being destroyed by huge Corporations that buy their justice. Then these self anointed vigilante judges who cloak themselves in Judicial garb dispense justice west of the Pecos with no oversight or scrutiny.
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