News & Analysis as of

Attorney General Consumer Financial Protection Bureau (CFPB) Dodd-Frank Wall Street Reform and Consumer Protection Act

Cozen O'Connor

AG Climate Change Suits Continue | Dunkin’ In Hot Water | CFPB And States Settle With Student Lender

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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

Cozen O'Connor

COVID-19 Price Gouging | Alaska AG Resigns | Honda’s $85 Million Multistate Settlement

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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

Morrison & Foerster LLP

Not So Fast—State Attorneys General Seek To Enjoin OCC’s Final Rule Reaffirming “Valid When Made” Doctrine

On July 29, 2020, the state attorneys general of California, Illinois, and New York filed suit against the Office of the Comptroller of the Currency (OCC) challenging the OCC’s Final Rule reaffirming the “valid when made”...more

Skadden, Arps, Slate, Meagher & Flom LLP

Skadden's 2020 Insights

Despite political and economic uncertainties, markets and deal activity were resilient in 2019, and strong fundamentals remain in place heading into 2020. Companies continue to face a challenging litigation and enforcement...more

Cozen O'Connor

The State AG Report Weekly Update September 2019 #2

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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

Cozen O'Connor

The State AG Report Weekly Update January 2019 #2

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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

Cozen O'Connor

The State AG Report Weekly Update October 2018 #2

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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

Ballard Spahr LLP

NYAG submits letter on jurisdictional issues in RD Legal Funding case

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The New York Attorney General has submitted a letter to Judge Preska that responds to RD Legal Funding’s letter asking her to dismiss all of the NYAG’s federal and state claims....more

Cozen O'Connor

The State AG Report Weekly Update June 2018 #3

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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

Cozen O'Connor

The State AG Report Weekly Update

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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

Cozen O'Connor

The State AG Report Weekly Update

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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

Foley & Lardner LLP

State AGs and FTC Combine Forces for Consumer Protection

Foley & Lardner LLP on

A dozen bipartisan State Attorneys General and the Federal Trade Commission (FTC) recently instigated a medieval siege dubbed “Operation Game of Loans” against alleged student loan relief scams. This coordinated nationwide...more

Cozen O'Connor

The State AG Report Weekly Update

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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

Cozen O'Connor

The State AG Report Weekly Update

Cozen O'Connor on

AG Elections- 2017 Virginia Attorney General Election Update- Following uncontested primaries, incumbent Democrat AG Mark Herring and Republican challenger John Adams will proceed to the Virginia general election this...more

Ballard Spahr LLP

Democratic lawmakers/ Democratic state AGs/ consumer advocacy groups seek reconsideration en banc of motions to intervene in PHH...

Ballard Spahr LLP on

After the D.C. Circuit panel issued a per curiam order on February 2 denying the three motions to intervene that were filed in the PHH case, we expected the next development in the case to be a decision by the D.C. Circuit on...more

Ballard Spahr LLP

CFPB/NY AG lawsuit against RD Legal Funding may signal greater scrutiny of non-loan financial products such as merchant cash...

Ballard Spahr LLP on

The CFPB and the New York Attorney General this week filed an action against RD Legal Funding, LLC, two of its affiliates, and their principal (collectively, “RD”), alleging that a litigation settlement advance product...more

Ballard Spahr LLP

D.C. Circuit denies motions to intervene in PHH case

Ballard Spahr LLP on

The D.C. Circuit panel that issued the PHH decision last October has issued a per curiam order denying the three motions to intervene that were filed in the case last month....more

Ballard Spahr LLP

PHH files supplemental response to CFPB’s rehearing petition; opposes state AGs’ motion to intervene

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This past Friday, PHH filed a supplemental response to the CFPB’s petition for en banc rehearing and a response opposing the motion filed by Democratic Attorneys General of 16 states and the District of Columbia to intervene...more

Ballard Spahr LLP

Democratic state AGs seek to intervene in PHH appeal

Ballard Spahr LLP on

The Democratic Attorneys General of 16 states and the District of Columbia have filed a motion with the D.C. Circuit seeking to intervene in the PHH appeal.  The states are Connecticut, Delaware, Hawaii, Illinois, Iowa,...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

Ballard Spahr LLP

CFPB proposes rule expanding disclosure of confidential supervisory information to state AGs

Ballard Spahr LLP on

Without an announcement, the CFPB has proposed a rule that would expand its discretion to share confidential supervisory information (CSI) with state attorneys general and other agencies that do not have supervisory authority...more

Baker Donelson

Supreme Court Reshapes Consumer Financial Law with Two Recent Decisions

Baker Donelson on

The Supreme Court issued two interesting decisions recently that will affect the consumer financial industry. In Spokeo, Inc. v. Robins, the Court held that when it comes to Fair Credit Reporting Act (FCRA) violations,...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

Williams Mullen

Maryland AG and CFPB Announce Action Against Alleged Mortgage Kickback Scheme

Williams Mullen on

Section 1042(a) of the Dodd-Frank Wall Street Reform and Consumer Financial Protection Act (CFPA) empowers state Attorneys General (AGs) to bring civil actions to enforce federal consumer law against any person offering...more

Foley & Lardner LLP

Recent Settlements of Joint UDAAP Enforcement Between State and Federal Regulators

Foley & Lardner LLP on

The Dodd-Frank Act (“Dodd-Frank”) granted to state attorneys general and state regulators much of the Consumer Financial Protection Bureau’s (“CFPB”) UDAAP authority. In particular, Dodd-Frank gives state attorneys authority...more

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