Litigation, mainly under state and federal statutes, focused most often on breach of warranty and failure to warn.
By Ben Hancock | April 20, 2017
The involvement of former Juridica CEO Richard Fields raises questions as to whether litigation funders may be turning to social impact cases.
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By C. Ryan Barber | April 20, 2017
Rep. Jeb Hensarling, R-Texas, chairman of the House Financial Services Committee, is proposing to rename the Obama-era Consumer Financial Protection Bureau to the "Consumer Law Enforcement Agency." The proposed change was tucked into a nearly 600-page draft of Hensarling's new Financial Choice Act, which the House Financial Services Committee is set to discuss at a hearing April 26.
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By Amanda Bronstad | April 19, 2017
America's race to put "self-driving" cars on the road is expected to accelerate in 2017 as more state and federal regulators come out with rules governing their testing and operation. Industry lawyers should get in the driver's seat.
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By C. Ryan Barber | April 18, 2017
Netspend and its parent company Total System Services have spent hundreds of thousands of dollars lobbying on prepaid card rules and other regulatory matters. The two companies are not backing down. Netspend is pushing the Consumer Financial Protection Bureau to delay its new rule, and on Capitol Hill, Total System Services is jumping into an effort, sponsored by Republican lawmakers, to tear up the new regulation.
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By C. Ryan Barber | April 18, 2017
Netspend and its parent company Total System Services have spent hundreds of thousands of dollars lobbying on prepaid card rules and other regulatory matters. The two companies are not backing down. Netspend is pushing the Consumer Financial Protection Bureau to delay its new rule, and on Capitol Hill, Total System Services is jumping into an effort, sponsored by Republican lawmakers, to tear up the new regulation.
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By C. Ryan Barber | April 17, 2017
For the second time this year, the Consumer Financial Protection Bureau has accused a law firm of using overly aggressive debt collection tactics.
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By Scott Flaherty | April 14, 2017
Plaintiffs lawyers from Robbins Geller Rudman & Dowd discuss the road to the settlement they reached with Trump U.
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By C. Ryan Barber | April 13, 2017
The question hanging over the CFPB's arbitration rule—a proposal that drew tens of thousands of comments from consumer and business advocates—is less now about the finer points of the final rule than about whether the regulations will ever see the light of day at all. For the agency, the threat of a congressional override is not abstract. Republican lawmakers in the House and Senate proposed bills to tear up the CFPB's prepaid card rule.
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By Stephanie Forshee | April 12, 2017
United Airlines' reputation has taken a bruising since Sunday, when police forcibly removed a passenger from a flight in Chicago that the company initially said was overbooked. But will the airline face legal challenges as a result of the incident?
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By C. Ryan Barber | April 10, 2017
Shearman & Sterling's report on the Wells Fargo sham-accounts scandal didn't hold any punches. And the bank's law department didn't escape scrutiny. The report found the law department "did not appreciate that sales integrity issues reflected a systemic breakdown in Wells Fargo's culture and values and an ongoing failure to correct the widespread breaches of trust in the misuse of customers' personal data and financial information." Wells Fargo CEO Tim Sloan said the report provides a new opportunity to "learn from our mistakes."
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