Michael A. Thurman
Loeb & Loeb LLP
Articles
CFPB sues for-profit college giant ITT, alleging strategy of abusive lending practices
USA - March 25 2014 After signaling its intention to crack down on deceptive marketing and predatory lending practices by for-profit colleges, the Consumer Financial...
Justice Department and CFPB announce $98 million settlement of auto lending discrimination allegation
USA - January 10 2014 The U.S. Department of Justice and the Consumer Financial Protection Bureau recently announced a $98 million settlement - the largest auto loan...
Back to the future: The CFPB’s arbitration report could signal a return to the days before concepcion
USA - January 7 2014 The "preliminary" report on consumer arbitration issued late last year by the Consumer Financial Protection Bureau appears to be another marker along...
FTC cracks down on payment processors
USA - December 16 2013 The Federal Trade Commission is intensifying its regulatory and enforcement focus on payment processors and payment methods that the agency believes...
Hold the phone: dramatic increase in California “illegal recording” class actions
USA - August 13 2013 We have recently observed a dramatic uptick in California consumer class actions alleging that businesses have illegally recorded telephone...
