2019 Year in Review for Financial Services Class Actions - Highlighted class action and regulatory developments


Focus areas included FCRA, Fair Lending, ancillary fees and services (such as lender placed flood insurance), TCPA, privacy and data security and other topics. Consumer Financial Protection Bureau’s Director Kathleen Kraninger completed her first full year in role and established a number of priorities. The OCC released its supervisory priorities including cybersecurity, Bank Secrecy Act/ AML compliance, and continued focus on commercial and retail underwriting practices and operations controls. The FTC continues to advance its agenda regarding privacy and truthful advertising. State Attorneys General (including through NAAG committee projects and ad hoc multi-lateral cooperation projects) continue to focus on consumer protection, plain disclosures and fair dealing.

Looking forward in 2020, what might we expect to see developing in the financial services litigation environment?

Please see full publication below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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