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Read Consumer Protection updates, news, and legal commentary from leading lawyers and law firms:
Orrick, Herrington & Sutcliffe LLP

CFPB to ban servicer from federal student loan servicing and pay $120M

On November 12, the CFPB filed a proposed stipulated final judgment and order against a student loan servicer (the defendant) for alleged violations of the CFPA, the FCRA and the FDCPA. As previously covered by InfoBytes, the...more

Orrick, Herrington & Sutcliffe LLP

FTC orders billing companies to shut down and issues $40M payout for fraud

On September 17, the FTC announced that the U.S. District Court for the Middle District of Florida approved the Commission’s order, effectively shutting down several companies named in the FTC’s June complaint and required...more

A&O Shearman

UK Financial Conduct Authority Publishes Update on Cash Savings Market

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Since publication of the review, the FCA has seen improvements in both the rates available to savers and the volume and timing of firms' communications to savings customers. However, despite these improvements, the review of...more

Orrick, Herrington & Sutcliffe LLP

CFPB warns against collecting on overdraft services without explicit consumer consent

On September 17, the CFPB published a circular clarifying that banks and credit unions can violate the EFTA and Regulation E if they cannot prove that consumers agreed to be enrolled in overdraft services before being charged...more

Woodruff Sawyer

The Voluntary Parting Exclusion: What You Need to Know

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The US Internet Crime Complaint Center (IC3) received more than 880,000 cybercrime complaints in 2023. Overall financial losses from cybercrime last year reached $12.5 billion, a record-setting year-over-year increase of...more

Greenberg Glusker LLP

Corporate Partner, Eric Perlmutter-Gumbiner, Shares Legal Insights for Beauty, Fashion & Consumer Goods Roundtable

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Corporate Partner, Eric Perlmutter-Gumbiner, shared his expertise on latest developments and trends in the business of beauty, fashion, and consumer goods with Los Angeles Times in their Beauty, Fashion & Consumer Goods...more

Sheppard Mullin Richter & Hampton LLP

Malaysia In Process of Updating Its Privacy Law

Malaysia is in the process of updating its Personal Data Protection Act to align more closely with laws in other jurisdictions. The law was originally passed in 2010 and then modified this year. As part of the modification...more

Vicente LLP

New Jersey Passes Law to Regulate ‘Intoxicating Hemp Products’

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As of September 12, 2024, New Jersey is the latest state to regulate “intoxicating hemp products” with the passage of Senate Bill 3235. The new law prohibits the sale of THC-containing hemp products to minors and only allows...more

Venable LLP

Update: A Proposed California Color Additive Ban and a BVO Class Action Lawsuit

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We previously covered California's landmark Food Safety Act, the legislative proposals inspired by it, and the FDA's final rule revoking the authorization of brominated vegetable oil (BVO) in food products. Since then, there...more

Vinson & Elkins LLP

California Sues Oil Company for Plastics Recycling Claims

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On September 23, 2024, the State of California filed a new greenwashing salvo against an oil major by filing a plastics-related lawsuit in the San Francisco County Superior Court. The lawsuit accuses the oil major of...more

Troutman Pepper

CFPB Report Highlights Challenges Facing Servicemembers and Veterans, Including Student Loans and Money Transfer/Virtual Currency...

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Yesterday, the Consumer Financial Protection Bureau (CFPB or Burau) released its annual report detailing the financial challenges faced by servicemembers, veterans, and military families. In 2023, this group submitted nearly...more

Ballard Spahr LLP

CFPB’s Chopra: government must tackle spiraling refinance, homeowners’ insurance costs

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As interest rates drop, the CFPB is exploring ways to streamline mortgage rules to make the refinancing process easier and closing costs less expensive, Director Rohit Chopra said at a housing conference sponsored by the...more

Harris Beach PLLC

Keeping Track of AI Regulations Percolating in New York

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While states such as Colorado (and, perhaps shortly, California) have led the pack when it comes to AI regulation, the state of New York won’t be left behind. There are currently more than 60 bills pending in New York that...more

Troutman Pepper

State AGs File Amicus Curae Brief in US Supreme Court Case Involving Flavored E-Cigarettes

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Earlier this month, 20 Democratic state attorneys general (AG) filed an amicus brief supporting the U.S. Food and Drug Administration’s (FDA) marketing denial orders (MDOs) of premarket tobacco applications (PMTAs) for...more

McGlinchey Stafford

Lack of Actual Knowledge and Prior Express Consent Defeats FDCPA and TCPA Claims

McGlinchey Stafford on

The U.S. District Court for the District of Nevada granted a defendant’s motion for summary judgment in a case arising under the Fair Debt Collection Practices Act (FDCPA) and the Telephone Consumer Protection Act (TCPA). It...more

Goodwin

The Publication of the CSSF’s Annual Report 2023

Goodwin on

On September 19th, 2024, the CSSF published its 2023 annual report, highlighting key regulatory challenges, particularly in the realm of crypto-assets following the implementation of the Markets in Crypto-Assets Regulation...more

Paul Hastings LLP

Colorado Attorney General Proposes Amendments to the Colorado Privacy Act Focused on Biometric Data and Children’s Privacy

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On September 13, 2024, the Colorado Attorney General’s Office (AG) published proposed amendments to the Colorado Privacy Act (CPA) Rules that create new requirements for the collection and use of biometric data and children’s...more

Klein Moynihan Turco LLP

Court Rules TCPA Consent Cannot be Transferred

On September 19, 2024, Judge Lorna G. Schofield, District Judge for the United States District Court for the Southern District of New York, issued an informative TCPA consent-related decision in Watson v. Manhattan Luxury...more

Cozen O'Connor

California Announces Dark Patterns as an Enforcement Priority

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With a growing number of states having passed comprehensive consumer data privacy laws (19 in total, with seven passed this year alone), state enforcement actions related to data privacy are growing increasingly common....more

Foodman CPAs & Advisors

Pig Butchering Crypto Scams Rising

Pig Butchering Crypto Scams are scams which resemble the practice of fattening a hog before slaughter....more

Fox Rothschild LLP

The Fox Rothschild Privacy Summit: A Recap

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Transparency might be the most important food group in data privacy compliance, especially with the Federal Trade Commission, Office of the New York State Attorney General and California Privacy Protection Agency focusing...more

Mintz - ML Strategies

2024 Pre-Election Analysis: Consumer Product Safety

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In this installment of ML Strategies’ Pre-Election Analysis series, we discuss the potential impact the 119th congress and presidential election on consumer product safety. Like other spheres of federal public policy,...more

A&O Shearman

UK Financial Conduct Authority Review of Implementation of Price and Value Outcome Under Consumer Duty

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The Financial Conduct Authority has published its findings from the first year of the implementation of the price and value outcome under the Consumer Duty. The specific focus of the price and value outcome rules is to ensure...more

Nelson Mullins Riley & Scarborough LLP

CA Governor Vetos Opt-out Preference Amendment

California Governor Gavin Newsom vetoed A.B. 3048, an amendment to California's landmark consumer privacy act that dealt with the delivery of opt-out preference signals installed in mobile and web browsers. The proposed...more

Nelson Mullins Riley & Scarborough LLP

AT&T Consent Decree Underscores Telecommunications Carriers’, Vendors’ Obligations to Protect Customer Data

On Sept. 17, the Federal Communications Commission (FCC) announced that it has reached a Consent Decree with AT&T Services Inc. to resolve an investigation into a data breach that occurred in January 2023. AT&T's vendor...more

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