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Results: 1-10 of 22

GAO Sounds Death Knell for the CFPB’s Key Statement of its “Disparate Impact” Theories in Indirect Auto Finance
  • Troutman Sanders LLP
  • USA
  • December 6 2017

On Tuesday, December 5, 2017, the Government Accountability Office ("GAO") levelled a heavy blow on a major regulatory initiative of the Consumer


Auto Lendingand DelinquenciesStay on Upward Trend
  • Troutman Sanders LLP
  • USA
  • December 1 2017

A recent report released by the Center for Microeconomic Data at the Federal Reserve Bank of New York found that American household debt continues to


Bank to Pay $2.8 Million in Consumer Restitution to Settle Alleged Deceptive Fee Practices
  • Troutman Sanders LLP
  • USA
  • November 30 2017

The Board of Governors of the Federal Reserve System recently issued a Consent Order against Peoples Bank, based in Lawrence, Kansas, to settle claims


Health Care Debt Collector Pays $600K to Settle TCPA Class Action
  • Troutman Sanders LLP
  • USA
  • November 28 2017

On November 21, the United States District Court for the Northern District of Illinois granted preliminary approval of a proposed $600,000 settlement


Auto Finance Company Unable to Shake TCPA Class Action
  • Troutman Sanders LLP
  • USA
  • November 20 2017

The Third Circuit recently clarified in important ways its ascertainability standard for class actions under Rule 23 in a case that arose from the


FCC Adopts New Rules on Blocking Robocalls
  • Troutman Sanders LLP
  • USA
  • November 17 2017

On November 16, the Federal Communications Commission adopted new rules to allow telephone carriers to block robocalls as potentially fraudulent when


President Likely Has Authority To Appoint Acting Director To Replace Cordray At CFPB
  • Troutman Sanders LLP
  • USA
  • November 17 2017

Consumer Financial Protection Bureau (CFPB) Director Richard Cordray’s announced yesterday (as covered here) that he will be resigning from his


New York AG Proposes Changes to Data Breach Law
  • Troutman Sanders LLP
  • USA
  • November 10 2017

New York Attorney General Eric Schneiderman has introduced a bill that would expand that state’s existing data breach laws. This proposed legislation


Cordray Discusses CFPB’s Priorities During November Consumer Advisory Board Meeting
  • Troutman Sanders LLP
  • USA
  • November 7 2017

On November 2, Consumer Financial Protection Bureau Director Richard Cordray delivered remarks during the Consumer Advisory Board meeting in Tampa


Another Big-Dollar TCPA Settlement as Payment Processor Agrees to $9M Deal
  • Troutman Sanders LLP
  • USA
  • November 7 2017

A Texas-based payment processor agreed on November 1 to pay $9 million to settle a putative class action brought under the Telephone Consumer