News & Analysis as of

Attorney General Consumer Financial Protection Bureau (CFPB) Debt Collection

Cozen O'Connor

AGs Urge CARES Act Extension | iPhone Throttling Settlement | Consolidation In Web Listings Service Market

Cozen O'Connor on

COVID-19- NAAG Urges Congress to Extend CARES Act Funding Deadline- •NAAG sent a letter signed by a bipartisan group of 49 AGs to congressional leaders urging them to extend the Coronavirus Aid, Relief, and Economic...more

Cozen O'Connor

AG Elections Roundup | FTC Requires Medical Device Divestiture | Aetna Data Breach Settlement

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2020 AG Elections- Ten AG elections were held on November 3, 2020. As of this writing, six incumbent AGs won their elections, and Republicans held the open-seats in Indiana and Montana. In the two undecided races, Democratic...more

Cozen O'Connor

Debt Collectors Sued | States Object To Proposed Fed Banking Rule | States Move To Stop USPS Changes

Cozen O'Connor on

2021 AG Elections- Virginia Incumbent Attorney General Seeks Reelection, Skips Governor’s Race- •Virginia AG Mark Herring reportedly will seek a third term as AG and not run for governor as previously reported. •As...more

Cozen O'Connor

COVID-19 Fees Challenged | DC AG Sues Instacart | $10 Million Penalty For Robocalls & False Ads

Cozen O'Connor on

COVID-19- Senior Living Facilities Warned Against Charging Potentially Illegal COVID-19 Fees- •Michigan AG Dana Nessel sent cease and desist letters to senior living facilities owner CSIG Holding Co. LLC, management...more

Cozen O'Connor

The State AG Report Weekly Update September 2019 #4

Cozen O'Connor on

Cannabis/Marijuana- Bipartisan Coalition of 21 Attorneys General Pen Letter to Congress in Support of Cannabis Banking Bill- A bipartisan coalition of 21 AGs, led by District of Columbia AG Karl Racine, sent a letter to...more

Cozen O'Connor

The State AG Report Weekly Update September 2019 #1

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Antitrust- FTC Settles with Investment Advisor and Funds Over Alleged Violation of Premerger Notification and Waiting Period Requirements- The Federal Trade Commission (“FTC”) settled with investment advisor Third Point...more

Cozen O'Connor

The State AG Report Weekly Update May 2019 #4

Cozen O'Connor on

2019 AG Elections- Republican Daniel Cameron and Democrat Greg Stumbo Secure Party Nominations for Kentucky Attorney General- Daniel Cameron defeated state Senator Wil Schroeder to win the Republican nomination for Kentucky...more

Goodwin

NY AG Moves to Compel Debt Collector to Respond to Discovery Requests

Goodwin on

On January 17, the New York Attorney General (AG) filed a motion to compel a debt collection company and its owner to produce financial documents, business records, and other documents in a lawsuit alleging that the...more

Cozen O'Connor

The State AG Report Weekly Update

Cozen O'Connor on

AG Elections- Democrat Peter Neronha Declares Candidacy for Rhode Island Attorney General- Democrat Peter Neronha formally announced his bid to become Rhode Island AG in 2018. Neronha served as U.S. Attorney for the...more

Cozen O'Connor

The State AG Report Weekly Update

Cozen O'Connor on

AG Elections- Illinois Attorney General Will Not Seek Reelection in 2018; Democrats Scott Drury and Kwame Raoul Announce Bid for Seat- Illinois AG Lisa Madigan, a Democrat, announced on her campaign website that she will...more

Cozen O'Connor

The State AG Report Weekly Update April 2017

Cozen O'Connor on

Consumer Protection - Colorado Attorney General Obtains Judgment Against Debt Collection Company - Colorado AG Cynthia Coffman obtained a judgment against debt collection company Peak Resolution LLC, its owner, and...more

McGuireWoods LLP

Debt Collection Practices Under Scrutiny of CFPB and NY Attorney General

McGuireWoods LLP on

On November 2, the Consumer Financial Protection Bureau (CFPB) and New York Attorney General filed a lawsuit in federal district court in New York over an alleged “massive, illegal debt-collection scheme” that supposedly...more

McGuireWoods LLP

Consumer Groups Urge CFPB to Investigate T-Mobile’s ‘No-Contract’ Marketing

McGuireWoods LLP on

In early December, several consumer groups joined in a letter asking the Consumer Financial Protection Bureau (CFPB) to investigate T-Mobile over allegedly misleading advertisements and abusive debt collection practices. The...more

Manatt, Phelps & Phillips, LLP

CFPB Brings Another Auto Lender Action, This Time for $48M

Why it matters - Continuing its focus on the auto lending industry, the Consumer Financial Protection Bureau (CFPB) ordered Westlake Services LLC and subsidiary Wilshire Consumer Credit LLC to pay roughly $48 million for...more

Morrison & Foerster LLP

Credit Card Issuer Debt Collection Consent Order: The CFPB’s Latest Rulemaking Through Enforcement Effort

On Wednesday, July 8, the CFPB announced its latest — and largest — settlement of claims of unfair and deceptive debt collection practices. The OCC and 47 State Attorneys General all were part of the overall settlement. The...more

Williams Mullen

State AGs and Regulators Step Up UDAAP Enforcement

Williams Mullen on

Dodd-Frank created the Consumer Financial Protection Bureau (“CFPB”) and granted that federal agency significant powers to regulate financial institutions. But Dodd-Frank also empowers state regulators to enforce the new...more

Ballard Spahr LLP

Director Cordray highlights CFPB collaboration with state AGs

Ballard Spahr LLP on

The CFPB’s collaboration with state attorneys general was the focus of Director Cordray’s remarks today to the National Association of Attorneys General. Director Cordray discussed the role of such collaboration in various...more

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