News & Analysis as of

Financial Services Industry State Attorneys General Hidden Fees

Troutman Pepper

District of Columbia AG Sues StubHub for Alleged “Dark Patterns” and Hidden Fees

Troutman Pepper on

On July 29, the attorney general (AG) for Washington, D.C. sued StubHub, Inc. (StubHub) for violations of the district’s Consumer Protection Procedures Act. The complaint accuses StubHub of employing “dark patterns,”...more

Cozen O'Connor

Coalition Grows to Torpedo Mariner Finance over Hidden Add-ons

Cozen O'Connor on

Pennsylvania AG Michelle Henry announced that six additional states have joined a lawsuit against lending company Mariner Finance, LLC, which was first filed by Pennsylvania and five other AGs in 2022. The bipartisan...more

Cozen O'Connor

FTC, CFPB, and California Crack Down on Hidden Fees

Cozen O'Connor on

The FTC proposed a new rule aimed at ensuring greater transparency for consumers regarding mandatory fees, also referred to as “junk fees.” Under this proposal, businesses would be required to incorporate all mandatory fees...more

Orrick, Herrington & Sutcliffe LLP

Crypto company settles hidden fee claims with New York AG

On May 18, the New York attorney general announced a settlement with a Brooklyn-based cryptocurrency company to resolve claims that it charged investors “exorbitant and undisclosed fees” to store cryptocurrency in an account...more

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