Aug 15, 2019 | Banks & Credit Unions, Litigation, News
← Previous Article Next Article → Capital One has become just the latest major financial services company to have been hacked. U.S. prosecutors are now accusing the alleged hacker of not only stealing the personal information of more than 100 million...
Aug 14, 2019 | Federal Regulation, Litigation, News
← Previous Article Next Article → Seven amicus briefs have been sent to the U.S. Supreme Court supporting a review of Seila Law’s petition for a writ of certiorari, according to Alan S. Kaplinsky, partner with Ballard Spahr LLP. The amicus briefs were filed...
Aug 14, 2019 | Federal Regulation, Litigation, News
← Previous Article Next Article → The Seventh Circuit Court of Appeals recently ruled that a debt collector violated the Fair Debt Collections Practices Act (FDCPA) when it informed a consumer about her debt obligations via an email that did not “imply the...
Aug 8, 2019 | Federal Regulation, Litigation, News
← Previous Article Next Article → Earlier this week, Judge Lee Yeakel from the District Court for the Western District of Texas continued his “stay” of the compliance date for both the payment provisions and the mandatory underwriting provisions of the...
Aug 7, 2019 | Federal Regulation, Litigation, News
← Previous Article Next Article → On August 2, 2019, the defendants and plaintiffs in a lawsuit over the Consumer Financial Protection Bureau’s (CFPB) Small-Dollar Rule asked a Texas district court to continue its stay of the Rule, including both the...
Jul 26, 2019 | Federal Regulation, Litigation, News
← Previous Article Next Article → Equifax reached a large financial settlement with federal and state regulators last week, stemming from their mishandling of the 2017 data breach that impacted nearly 150 million Americans. The settlement would resolve a...