Luke Helms

Luke Helms

Steptoe & Johnson PLLC

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Consumer Financial Protection Bureau Imposes Record Fine for Consumer Banking Violations; Civil Suits May Follow

The Consumer Financial Protection Bureau (CFPB) recently imposed its largest fine ever for consumer banking law violations. The agency’s action is a good reminder for other banks to review their own practices and may spawn...more

12/30/2022  /  Banking Sector , Banks , Civil Monetary Penalty , Class Action , Consent Order , Consumer Financial Products , Consumer Financial Protection Bureau (CFPB) , Financial Services Industry , Popular
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