NEWS - Press Release

MAY 1, 2009

NAM MODIFIES EMPLOYMENT RULES & PROCEDURES RELATING TO CLASS ACTIONS


Rule 11(f)(iii) in NAM's Employment Rules has been modified to account for class actions in the Arbitration of employment claims. As of May 1, 2009, Class Action Arbitrations will be administered by NAM if the Arbitration agreement either allows for it or is silent with respect to Class Action Arbitration.

NAM will not administer a Class Action Arbitration if prohibited by: (1) the underlying Arbitration agreement, (2) court order, or (3) applicable law, unless a court orders the matter to Arbitration as a class action.

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Headquartered in Garden City, New York, National Arbitration and Mediation, Inc. (NAM) is one of the nation's leading dispute resolution institutions, offering cost-effective alternatives to expensive and often time-consuming litigation. Founded in 1992, NAM has a nationwide panel of nearly 2,500 top-tier former judges and practicing specialists uniquely qualified to resolve legal matters in a private forum.

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