FTC Can Sue Tribal Payday Lenders, Judge Says

Law360, New York (March 19, 2014, 3:09 PM EDT) -- A Nevada federal judge handed the Federal Trade Commission and other regulators a victory in their push against consumer protection violations by Native American tribal lenders when she ruled the FTC has the authority to bring such cases, the agency said Wednesday.

U.S. District Judge Gloria M. Navarro of the federal district court in Las Vegas ruled that the FTC has the power to bring cases against any “person, partnership or corporation” for violations of the Federal Trade Commission Act, the Electronic Funds Transfer Act, the...
To view the full article, register now.