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  • Article

    $11 Million Judgment Entered Against Debt Collectors In FTC Action

    The FTC originally moved for summary judgment in August 2015, and in April 2016 the magistrate judge recommended granting the FTC's motion in its entirety.
    United StatesFinance and Banking
    Troutman Pepper Locke LLP
    Troutman Pepper Locke LLP
  • Article

    ABA Letter Attacks CFPB Plan For Overdraft Survey

    The ABA urged the CFPB to re-submit its proposed plan with a draft survey because the contours of the current process were "defective and opaque."
    United StatesFinance and Banking
    Troutman Pepper Locke LLP
    Troutman Pepper Locke LLP
  • Article

    CFPB Announces Annual Threshold Adjustments For TILA, CARD, HOEPA, And More

    On June 17, 2016, the Consumer Financial Protection Bureau ("CFPB") announced changes to the dollar amount thresholds for certain consumer credit transactions under the Truth in Lending Act ("TILA").
    United StatesFinance and Banking
    Troutman Pepper Locke LLP
    Troutman Pepper Locke LLP
  • Article

    CFPB Budget Reform Approved By House Financial Services Committee

    On April 13, the House Financial Services Committee approved a bill by a 33-20 vote that is intended to end direct funding of the CFPB by the Federal Reserve...
    United StatesFinance and Banking
    Troutman Pepper Locke LLP
    Troutman Pepper Locke LLP
  • Article

    CFPB Seeks Comment On Potential Revisions To HMDA Resubmission Guidelines

    The Consumer Financial Protection Bureau recently issued a "Request for Information Regarding Home Mortgage Disclosure Act Resubmission Guidelines."
    United StatesFinance and Banking
    Troutman Pepper Locke LLP
    Troutman Pepper Locke LLP
  • Article

    FTC Settles Charges Involving Credit Card Laundering Scheme Participants

    On December 22, the Federal Trade Commission announced a settlement of a pending lawsuit brought under the Telemarketing Sales Rule against participants in an alleged credit card...
    United StatesFinance and Banking
    Troutman Pepper Locke LLP
    Troutman Pepper Locke LLP
  • Article

    FTC Warns Of Bogus Payday Loan Debts

    On March 21, the Federal Trade Commission issued a warning that portfolios of alleged payday loan debts serviced by AMG Services are bogus.
    United StatesFinance and Banking
    Troutman Pepper Locke LLP
    Troutman Pepper Locke LLP
  • Article

    FDA Public Meeting On Tobacco Product Application Review

    On October 22-23, 2018, the Food and Drug Administration will hold a public meeting on the tobacco product application review process.
    United StatesFood, Drugs, Healthcare, Life Sciences
    Troutman Pepper Locke LLP
    Troutman Pepper Locke LLP
  • Article

    Court Finds That Spokeo Does Not Bar Enforcement Of Background Check Class Action Settlement

    In Schumacher v. SC Data Center, the plaintiff brought three class action claims against SC Data Center, Inc. under the Fair Credit Reporting Act related to its pre-employment background check process.
    United StatesLitigation, Mediation & Arbitration
    Troutman Pepper Locke LLP
    Troutman Pepper Locke LLP
  • Article

    Sodexo Escapes FCRA Putative Class Action

    As we previously reported, consumer plaintiff Robert Piveronas filed a putative Fair Credit Reporting Act class action in Pennsylvania state court against Sodexo, Inc., alleging that ...
    United StatesLitigation, Mediation & Arbitration
    Troutman Pepper Locke LLP
    Troutman Pepper Locke LLP
  • Article

    Supreme Court Declines Review Of "Ascertainability" Issues

    On February 29, the Supreme Court denied certiorari review in Mullins v. Direct Digital, LLC, No. 15-1776.
    United StatesLitigation, Mediation & Arbitration
    Troutman Pepper Locke LLP
    Troutman Pepper Locke LLP
  • Article

    District Court Holds Use Of Human Intervention In Creation Of Text Message Lists Sufficient To Defeat TCPA Claim

    The District Court for the Middle District of Florida recently added to TCPA case law concerning the level of human intervention required to defeat claimed use of an automatic telephone dialing system, or "ATDS," in a TCPA lawsuit.
    United StatesMedia, Telecoms, IT, Entertainment
    Troutman Pepper Locke LLP
    Troutman Pepper Locke LLP
  • Article

    New TCPA Class Action: Expansion Into Service Calls

    On August 29, yet another Telephone Consumer Protection Act class action was filed in the Middle District of Florida. This suit, however, is a bit different than others that we have seen.
    United StatesMedia, Telecoms, IT, Entertainment
    Troutman Pepper Locke LLP
    Troutman Pepper Locke LLP
  • Article

    CFPB Director's Resignation Sparks Conjecture About Future Leadership

    On November 15, as has been widely reported, the Director of the Consumer Financial Protection Bureau, Richard Cordray, announced by email to his staff that he would be resigning at the end of the month.
    United StatesReal Estate and Construction
    Troutman Pepper Locke LLP
    Troutman Pepper Locke LLP
  • Article

    CFPB, FTC Warn Companies Against Misleading Consumers With False Mortgage Advertisements

    The FTC sent warning letters to 20 companies, comprised of real estate agents, home builders and lead generators.
    United StatesConsumer Protection
    Troutman Pepper Locke LLP
    Troutman Pepper Locke LLP
  • Article

    Join Us For The RSA Conference – Where The World Talks Security

    Over the past decade, consumer data breach litigation has focused on whether consumers who received a breach notice suffered an injury that would allow their claims to move forward.
    United StatesConsumer Protection
    Troutman Pepper Locke LLP
    Troutman Pepper Locke LLP
  • Article

    Federal Court Rules Michigan Privacy Law Protects Nonresidents

    A federal court in Michigan recently ruled that out-of-state residents have standing to sue under the Michigan Personal Privacy Protection Act
    United StatesConsumer Protection
    Troutman Pepper Locke LLP
    Troutman Pepper Locke LLP
  • Article

    CFPB And FTC File Joint Amicus Brief In FDCPA Case Challenging Level Of "Attorney Review" Required Before Filing Debt Collection Complaint

    The Consumer Financial Protection Bureau and the Federal Trade Commission jointly filed an amicus brief with the United States Court of Appeals for the Third Circuit in Bock v. Pressler & Pressler, LLP.
    United StatesFinance and Banking
    Troutman Pepper Locke LLP
    Troutman Pepper Locke LLP
  • Article

    Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

    Like most industries today, Consumer Finance Services businesses are being significantly impacted by the novel coronavirus (COVID-19)
    United StatesFinance and Banking
    Troutman Pepper Locke LLP
    Troutman Pepper Locke LLP
  • Article

    Department Of Energy Issues National Blueprint For Lithium-Ion Batteries 2021-2030

    As part of a larger effort to secure domestic supply chains for critical industries, on June 8, the Department of Energy (DOE) released its National Blueprint for Lithium Batteries, 2021-2030.
    United StatesEnergy and Natural Resources
    Troutman Pepper Locke LLP
    Troutman Pepper Locke LLP

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