The CFPB issued market-monitoring orders under the Dodd-Frank Wall Street Reform and Consumer Protection Act to five companies offering “buy now, pay later” credit requiring them to provide information for its examination of...more
New York AG Letitia James reached a settlement with debt collector Andrew Fanelli and his companies (collectively “Fanelli”) to resolve allegations that Fanelli ran an illegal debt collection scheme in violation of the...more
The Consumer Financial Protection Bureau (“CFPB”) and U.S. Department of Justice (“DOJ”) reached a settlement with Trustmark National Bank (“Trustmark”) to resolve allegations that it discriminated against Black and Hispanic...more
The Consumer Financial Protection Bureau (“CFPB”) reached a settlement with reverse mortgage provider American Advisors Group (“AAG”) to resolve allegations that it engaged in deceptive conduct to market and sell its reverse...more
The Consumer Financial Protection Bureau (“CFPB”) reached a settlement with private student loan company Better Future Forward Inc. and related companies (collectively, “Better Future”) over allegedly deceptive practices in...more
Here are last week’s curated AG and federal regulatory news stories highlighting key areas in which state and federal regulators’ decisions are having an impact across the US: Expensive Pets: Scammer Sells Badly Behaved...more
8/23/2021
/ Competition ,
Consumer Financial Protection Bureau (CFPB) ,
Debt Collection ,
Debt Collectors ,
Department of Labor (DOL) ,
Dodd-Frank ,
Electronic Fund Transfer Act ,
Federal Trade Commission (FTC) ,
Financial Services Industry ,
State Attorneys General ,
Unfair or Deceptive Trade Practices
The Federal Trade Commission (“FTC”) sent a comment to the Board of Governors of the Federal Reserve System (“Fed”) urging the Fed to strengthen implementation of debit-card fees and routing reforms to the Electronic Fund...more
The Consumer Financial Protection Bureau (“CFPB”) reached a settlement with debt collection company Fair Collections & Outsourcing Holdings, Inc. and its owner and related entities (collectively “FCO”) to resolve allegations...more
Subprime Auto Loan Company Settles Allegations It Turned Blind Eye to Shady Car Dealers -
Massachusetts AG Maura Healey reached a settlement with subprime automobile finance company United Auto Credit Corporation (“UACC”) to...more
6/8/2021
/ Automotive Loans ,
Car Dealerships ,
Consumer Financial Protection Act (CFPA) ,
Dietary Supplements ,
Dodd-Frank ,
Enforcement Actions ,
Federal Trade Commission (FTC) ,
Financial Services Industry ,
Fraudulent Marketing ,
Investor Protection ,
Loan Forgiveness ,
Political Candidates ,
State Attorneys General ,
Student Loans ,
Subprime Loans ,
Unfair or Deceptive Trade Practices
The Consumer Financial Protection Bureau (“CFPB”) reached a settlement with financial company Driver Loan, LLC and its Chief Operating Officer (collectively “Driver Loan”) to resolve allegations that it misled consumers with...more
The Consumer Financial Protection Bureau (“CFPB”) reached a settlement with reverse-mortgage lender Nationwide Equities Corporation (“Nationwide Equities”) to resolve allegations that it used false and misleading advertising...more
4/30/2021
/ Civil Monetary Penalty ,
Consent Order ,
Consumer Financial Protection Bureau (CFPB) ,
Consumer Protection Act ,
Dodd-Frank ,
False Advertising ,
Foreclosure ,
Misleading Statements ,
Mortgage Lenders ,
Mortgages ,
Pre-approval ,
Reverse Mortgages
Antitrust-
Google Is in the Crosshairs of Two Multistate Antitrust Suits-
•Two groups of AGs filed antitrust lawsuits against Google LLC (“Google”).
•A group of seven Republican AGs, led by Texas AG Ken Paxton, sued...more
1/8/2021
/ Antitrust Violations ,
Consent Order ,
Consumer Financial Protection Bureau (CFPB) ,
Consumer Reporting Agencies ,
Data Privacy ,
Data Security ,
Dodd-Frank ,
EFTA ,
Federal Trade Commission (FTC) ,
Google ,
Market Manipulation ,
Misleading Statements ,
Sherman Act ,
State Attorneys General
2020 AG Elections-
Just Called: Incumbent Attorney General Wins Second Term in North Carolina-
•North Carolina AG Josh Stein (D) won reelection in a closely watched race over Jim O’Neill (R) by a margin of 51% to...more
11/20/2020
/ Administrative Procedure Act ,
Consumer Financial Protection Bureau (CFPB) ,
Coronavirus/COVID-19 ,
CRA ,
Department of Health and Human Services (HHS) ,
Dodd-Frank ,
False Claims Act (FCA) ,
Federal Trade Commission (FTC) ,
Hazardous Waste ,
Life Insurance ,
Medicaid ,
Natural Disasters ,
Price Gouging ,
State Attorneys General ,
Union Dues
Charities-
Alleged Scammers Collected Tens of Millions of Dollars for Fake Charities-
Minnesota AG Keith Ellison, New Jersey AG Gurbir Grewal, New York AG Letitia James, Virginia AG Mark Herring and the Federal Trade...more
9/25/2020
/ Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Cryptocurrency ,
Data Privacy ,
Dodd-Frank ,
False Claims Act (FCA) ,
Federal Trade Commission (FTC) ,
Financial Fraud ,
Mobile Apps ,
Non-Payment Clauses ,
Payment Processors ,
Popular ,
Public Charities ,
Robocalling ,
Scams ,
Whistleblowers
2022 AG Elections-
Challenger Takes on Texas Incumbent Attorney General-
•Joe Jaworski, former Mayor of Galveston Texas, announced his intention to seek the Democratic nomination for Texas AG to challenge Republican...more
9/18/2020
/ Anti-Kickback Statute ,
Attorney General ,
CARB ,
Clean Air Act ,
Climate Change ,
Consumer Financial Protection Bureau (CFPB) ,
Consumer Fraud ,
Cyber Attacks ,
Data Breach ,
Data Privacy ,
Dodd-Frank ,
False Claims Act (FCA) ,
Federal Trade Commission (FTC) ,
Fossil Fuel ,
Novartis ,
Popular
COVID-19-
Attorneys General Are Vigilant About Pandemic-Related Price Gouging and Illegal Balance Billing-
•Pennsylvania AG Josh Shapiro sued online seller M & B Multi Services Inc. and its owner (collectively “M&B”)...more
8/28/2020
/ Airbags ,
Attorney General ,
Consumer Financial Protection Bureau (CFPB) ,
Coronavirus/COVID-19 ,
Dodd-Frank ,
Electronic Fund Transfer Act ,
Fair Credit Billing Act (FCBA) ,
Honda ,
Overdraft Fees ,
Price Gouging ,
Telemarketing ,
Unsolicited Phone Calls
Labor & Employment-
Massachusetts Attorney General Alleges Chipotle Served Up a Side Order of Wage and Hour Violations, Reaches $2 Million Settlement-
Massachusetts AG Maura Healey reached a settlement with casual...more
Antitrust-
50 Attorneys General to Investigate Tech Company Over Advertising and Search Engine Practices-
50 AGs, led by Texas AG Ken Paxton, announced an investigation into Google over allegedly anticompetitive...more
9/13/2019
/ Attorney General ,
Consumer Financial Protection Bureau (CFPB) ,
Dodd-Frank ,
Federal Trade Commission (FTC) ,
For Profit Colleges ,
Franchises ,
Google ,
Healthcare Fraud ,
Medicaid ,
No-Poaching ,
Opioid ,
ROSCA ,
Securities and Exchange Commission (SEC) ,
State and Local Government
2020 AG Elections-
Democrat Karen Tallian Announces Bid for Indiana Attorney General-
State Senator Karen Tallian, a Democrat, has announced her candidacy for Indiana AG in 2020.
Senator Tallian has served in the state...more
Breaking News
Hawaii Governor Appoints Clare Connors as Attorney General
Clare Connors, a Democrat, has been appointed to serve as Hawaii AG by recently re-elected Governor David Ige, replacing AG Russell Suzuki. ...more
1/11/2019
/ Attorney General ,
Automotive Industry ,
Colleges ,
Consumer Financial Protection Bureau (CFPB) ,
Cybersecurity ,
Data Privacy ,
Dodd-Frank ,
EFTA ,
Environmental Protection Agency (EPA) ,
False Advertising ,
Manufacturers ,
Non-Compete Agreements ,
Popular ,
Restrictive Covenants
2018 State AG Elections-
Cozen O’Connor’s State AG Election Tracker Updates 2018 Election Predictions in Four Contested Races-
With 26 days to go before election day, Cozen O’Connor’s State AG Election Tracker has...more
Breaking News-
New York Federal Judge Declares Structure of Consumer Financial Protection Bureau Unconstitutional-
The U.S. District Court for the Southern District of New York held in Consumer Financial Protection...more
6/22/2018
/ Attorney General ,
Ban the Box ,
Citibank ,
Clean Air Act ,
Consumer Financial Protection Bureau (CFPB) ,
Dodd-Frank ,
Environmental Protection Agency (EPA) ,
Libor ,
OMB ,
Opioid ,
Popular ,
Trump Administration ,
Walgreens
2018 AG Elections-
Democrat Paul Doyle and Republican Susan Hatfield Declare Candidacies for Connecticut Attorney General-
Democratic Connecticut state Senator Paul Doyle and Republican Susan Hatfield, a state...more
AG Elections-
Democrat Former Governor Pat Quinn Files to Run for Illinois Attorney General Open Seat-
According to reports, former Illinois Governor Pat Quinn, a Democrat, has filed to run for Illinois AG in 2018.
...more
AG Elections-
Nancy Rotering Announces Candidacy for Illinois Attorney General-
Highland Park Mayor Nancy Rotering announced that she is entering the 2018 race for AG. Rotering is Mayor of Highland Park and previously...more