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Restitution Incentive Compensation

Goodwin

CFPB Assesses Largest Fine in Agency’s History Against National Bank for Opening Accounts Without Consumers’ Consent

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On September 8, 2016, the Consumer Financial Protection Bureau (CFPB) announced that, pursuant to a Consent Order, a national bank agreed to make full restitution to consumers and pay the CFPB a $100 million fine because many...more

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