Litigation, mainly under state and federal statutes, focused most often on breach of warranty and failure to warn.
By C. Ryan Barber | April 27, 2017
Ocwen Financial Corp., the mortgage loan servicer fighting a new Consumer Financial Protection Bureau lawsuit, has turned to an unlikely source for help: the U.S. Justice Department. In a federal court filing styled as a motion "to invite the views of the attorney general of the United States," the company on Wednesday took the remarkable step of asking the Justice Department to weigh in on the side of a corporation fighting another federal agency.
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By Charles Toutant | April 26, 2017
Already under scrutiny from lawmakers over pricing of its EpiPen epinephrine injector, Mylan faces new lawsuits from consumers and a competitor in New Jersey federal courts accusing it of taking anti-competitive actions to protect its product's market share.
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By Cheryl Miller | April 22, 2017
Attorney General Xavier Becerra has filled top posts in his office with civil rights and federal agency lawyers, a nod to his 24 years in Congress and his new role as a Trump administration antagonist.
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By Samantha Joseph | April 20, 2017
New troubles are brewing for embattled mortgage loan servicer Ocwen Financial Corp., hit Thursday with two high-profile lawsuits by the Consumer Financial Protection Bureau and Florida Attorney General Pam Bondi.
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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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