- Dec 12, 2002
Has anyone read the arbitration clause notice from JP Morgan Chase? We got a notice 6/3 and just had an opportunity to read it. JP Morgan acquired Chase (technically merged) on 5/18/2019. The 6/3 notice has a number of changes to the Chase accounts. Number 6, About Our Relationship, covers the binding arbitration notice and states, in part, that unless timely rejected disputes may be resolved by binding arbitration. Number 8 has the arbitration agreement. It says, in part, that we have until 8/7/2019 to reject binding arbitration. To reject binding arbitration there is a very specific means to do so and alternatives will not suffice. I am unsure what else a rejection of binding arbitration does to the account.