Monday - June 8, 2026
Attorney General James Sues Sham Arbitration Service Created to Help Predatory Merchant Cash Advance Industry
June 08, 2026
ALBANY, New York, June 8 -- New York Attorney General Letitia James issued the following news release:

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Attorney General James Sues Sham Arbitration Service Created to Help Predatory Merchant Cash Advance Industry

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New York Attorney General Letitia James today sued the online arbitration platform Rapid Ruling and its founders, Zachary Meyer and Andrew Sachs, for fraudulently presenting Rapid Ruling as a neutral arbitration forum while sec . . .

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