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Revisiting the Enforceability of Class Action Waivers in Consumer Financial Contracts

USA - July 18 2017 On July 19, 2017, the Consumer Financial Protection Bureau (CFPB) published the final Arbitration Agreements Rule (the rule) that would impact the...

Joel C. Griswold, Keesha N. Warmsby.


FTC Enters Into $104 Million Settlement With Company for Impermissible Lead Generation

USA - July 11 2017 On July 5, 2017, the Federal Trade Commission (FTC) entered into a stipulated order to memorialize a settlement with a lead-generation business, Blue...

Kate Johnston.


Mandatory Disclosure of Third-Party Funding Agreements for Proposed Class Action Lawsuits

USA - February 24 2017 For years, certain lenders have agreed to fund all or part of a party’s litigation costs, usually in exchange for an agreed share of any recovered...


CFPB Fines TMX Finance LLC $9 Million for Unfair and Abusive Practices

USA - September 27 2016 On September 26, 2016, the Consumer Financial Protection Bureau (CFPB) entered into a consent order with one of the country’s largest auto title...


Consumer Financial Protection Bureau Announces Proposal to Overhaul the Debt Collection Market at Hearing in California

USA - July 29 2016 On July 28, 2016, the Consumer Financial Protection Bureau (“CFPB”) and Director Richard Cordray announced at a field hearing in Sacramento...