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Victim Compensation Fund

Troutman Pepper

California AG Supports New Victim’s Compensation Fund Bill

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On April 7, California Attorney General Rob Bonta and Assembly member Brian Maienschein announced new legislative bill AB 1366, which creates a state Treasury Victims of Consumer Fraud Restitution Fund (VCFRF) to benefit...more

Ballard Spahr LLP

NY federal district court rules ratification of CFPB enforcement action against RD Legal was unnecessary and allows lawsuit to...

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In the latest development in the CFPB’s long-running lawsuit against RD Legal Funding, a New York federal district court judge denied RD Legal’s motion to dismiss and held that because the CFPB, under former Director...more

Searcy Denney Scarola Barnhart & Shipley

Victims of Jeffrey Epstein’s Sex Crimes -- Possible Justice Emerges

Dozens of South Florida women victimized by the late Jeffrey Epstein’s elaborate sex-trafficking operation stand to benefit from a new fund established in the U.S. Virgin Islands. The fund, amassed from the Epstein’s $634...more

Nossaman LLP

New Tools and Sweeping Changes Proposed in Draft Wildfire Commission Report

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The Commission on Catastrophic Wildfire Cost and Recovery (“Commission”) has released a draft report assessing the issues surrounding catastrophic wildfires in California and recommending major changes to the law (“Draft...more

Robins Kaplan LLP

Your Daily Dose of Financial News

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AT&T’s chief is weighing in the DOJ’s call to sell CNN in order to make its deal with Time Warner go through, and, as Randall sees it, “selling CNN makes no sense”....more

Goodwin

Loan Brokerage Firm Agrees to $70,000 Settlement with CFPB Over Personal Loans Made to Recipients of Victim Compensation Funds

Goodwin on

On September 19, 2017, the Consumer Financial Protection Bureau (“CFPB”) announced a simultaneous complaint and proposed consent order with a loan brokerage company and two associated individuals (the “Defendants”). The...more

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