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...
Jul 3, 2019 | Litigation, NAFSA News, News, Tribal Sovereignty
← Previous Article Next Article → In a ruling filed on July 3 by the United States Court of Appeals for the Fourth Circuit in the case Williams et al v. Big Picture Loans, LLC et al, a three-judge panel ruled that Big Picture Loans and Ascension Technologies...
May 28, 2019 | Litigation, News
← Previous Article Next Article → According to a court filing last week, the Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency (OCC) have reached a deal with several payday lenders that could spell the end of a...
May 9, 2019 | Litigation, News
← Previous Article Next Article → Indiana’s Attorney General filed a lawsuit against Equifax, one of the nation’s three largest credit bureaus, accusing it of placing profits ahead of cybersecurity. The state is seeking civil penalties, costs, injunctive...
May 8, 2019 | Federal Regulation, Litigation, News
← Previous Article Next Article → A Ninth Circuit panel said that the leadership structure of the Consumer Financial Protection Bureau (CFPB) is constitutional, keeping the Ninth Court aligned with the D.C. Circuit’s ruling in PHH Corporation v. CFPB.Critics...