News & Analysis as of October 13, 2024

Class Action

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New York Attorney General Brings $1.4 Billion Lawsuit Against Merchant Cash Advance Lenders

Sheppard Mullin Richter & Hampton LLP on 3/11/2024

On March 5, the New York Attorney General filed a lawsuit against a network of over 30 lending companies and their officers alleging their involvement in a predatory “merchant cash advance” lending scheme that exploited New...more

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New York Attorney General Brings $1.4 Billion Lawsuit Against Merchant Cash Advance Lenders

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