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Amazon Reinstates Binding Arbitration, Bars Class-Action Lawsuits

Amazon on Friday reinstated binding arbitration for its U.S. customers while also barring them from seeking class-action lawsuits, making it more difficult for users to address grievances in court. In emails on Friday, Amazon said the changes are effective immediately …

Amazon Reinstates Binding Arbitration, Bars Class-Action Lawsuits

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Ecobank scraps director tenure limit, retains retirement age at 70

Ecobank Transnational Incorporated (ETI) has abolished the tenure limit for non-executive directors while retaining the mandatory retirement age of 70, following shareholder approval of a series of…

  • Ecobank removes director tenure limit, keeps retirement age at 70
  • Governance reforms aim to preserve institutional knowledge and board continuity
  • Changes include revised quorum requirements for enhanced accountability

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