On December 17, 2024, the Federal Trade Commission (FTC) finalized its Trade Regulation Rule on Unfair or Deceptive Fees (16 CFR § 464), otherwise known as the "Junk Fees" Rule, targeting specific industries with a narrowed…
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/ Antitrust & Trade Regulation, Consumer Protection, Real Estate - Residential
On December 9, 2024, the CFPB entered into a consent order with the Company, alleging violations of the Consumer Financial Protection Act ("CFPA") and Fair Debt Collection Practices Act ("FDCPA") with respect to its collection…
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/ Consumer Protection, Finance & Banking
On October 17, 2024, the CFPB filed a lawsuit against the Companies claiming violations of the CFPA, TILA, and Regulation Z. The CFPB alleged that the Companies engaged in deceptive acts and practices by representing that it had…
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/ Consumer Protection, Education Law, Finance & Banking
On October 9, 2024, the U.S. Court of Appeals for the Fifth Circuit heard oral arguments on the challenge by the National Automobile Dealers Association and the Texas Automobile Dealers Association ("Petitioners") to the Federal…
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/ Antitrust & Trade Regulation, Consumer Protection
The advertising, sale, and financing of products ancillary to a credit transaction have been areas of regulatory scrutiny for years. Likewise, the always crucial question of what constitutes a cost of credit to be included in…
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/ Consumer Protection, Finance & Banking
On November 4, 2024, the Federal Trade Commission sued Seek Capital, LLC, and Roy Ferman, Seek's founder and CEO, for allegedly violating several federal laws, including Section 5 of the Federal Trade Commission Act ("FTC Act"),…
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/ Antitrust & Trade Regulation, Commercial Law & Contracts, Communications & Media Law, Consumer Protection, Finance & Banking
In Texas Bankers Association v. Consumer Financial Protection Bureau, the U.S. District Court for the Southern District of Texas denied a summary judgment motion by the Texas Bankers Association and other plaintiffs to set aside…
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/ Administrative Law, Commercial Law & Contracts, Consumer Protection, Finance & Banking
In this month's article, we share some of our top "bites" for the prior and current month covered during the October 2024 webinar.
…
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/ Consumer Protection, Finance & Banking
One of the first things I learned in my first-year contracts class in law school was the Uniform Commercial Code. Specifically, the class covered Article 2 of the UCC, which governs sales of goods, including motor vehicles…
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/ Consumer Protection, Finance & Banking
The Consumer Financial Protection Bureau has long required that an institution within the scope of its supervision or enforcement authority, including both depository institutions like banks and non-depository consumer financial…
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/ Consumer Protection, Finance & Banking
The United States is a big melting pot of cultures, ethnicities, and languages. This diversity is great for business, but if you are advertising that your business speaks "Spanish" or that your business can assist customers in…
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/ Commercial Law & Contracts, Consumer Protection, Finance & Banking
On October 23, 2024, the CFPB filed two separate consent orders, one against the Tech Company and the other against the Bank, alleging violations of the Consumer Financial Protection Act (CFPA) and the Truth in Lending Act…
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/ Consumer Protection, Finance & Banking
The Consumer Financial Protection Bureau (CFPB) has turned its attention to in-game currencies and purchases (commonly referred to as "microtransactions or "downloadable content"). On August 28, 2024, the CFPB followed up its…
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/ Consumer Protection, Finance & Banking, Science, Computers, & Technology
In this month's article, we share some of our top "bites" for the prior and current month covered during the September 2024 webinar…
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/ Business Torts, Consumer Protection, Finance & Banking
On October 15, 2024, the CFPB and DOJ filed a complaint and proposed consent order against the Company, alleging violations of the Fair Housing Act (FHA), Equal Credit Opportunity Act (ECOA) and its implementing Regulation B,…
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/ Civil Rights, Consumer Protection, Finance & Banking
