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Consumer Financial Protection Bureau v. Morgan Drexen Inc et al

  1. September 23, 2016

    CFPB Can't Back Contempt Push In Debt Scam Suit, Firm Says

    Seila Law LLC on Thursday urged a California federal court to dismiss contempt proceedings initiated by the U.S. Consumer Financial Protection Bureau as part of litigation over bankrupt Morgan Drexen Inc.'s $133 million debt-settlement fee scam, arguing there's no evidence that the firm deserves such action.

  2. September 09, 2016

    CFPB Wants Orders To Stay Put In $173M Debt Scam Row

    The Consumer Financial Protection Bureau told a California federal court Friday to not let three law firms escape orders concerning their role in continuing Morgan Drexen Inc.'s $173 million debt-settlement fee scam, saying the attorneys have repeatedly made the same, unsuccessful arguments.

  3. September 07, 2016

    Law Firms Escape Sanctions In $173M Morgan Drexen Battle

    A California federal judge on Tuesday declined to tack more sanctions onto the $5.3 million bill already owed by two law firms that continued Morgan Drexen’s $173 million debt-settlement fee scam even after that firm shut down.

  4. August 01, 2016

    Law Firms Lose Bid To Slip $5.3M Morgan Drexen Penalty

    A federal judge in California has denied a bid from two attorneys and their firms to escape a $5.3 million judgment against them that was part of the penalty in the $173 million Morgan Drexen debt-settlement fee scam.

  5. July 22, 2016

    CFPB Blasts Attys' Bid To Duck Morgan Drexen Judgment

    The Consumer Financial Protection Bureau asked a California federal judge Friday to ignore the recent filings of two lawyers ordered to pay $5.3 million for their alleged roles in the $173 million Morgan Drexen debt-settlement fee scam, saying the filings "regurgitate" already rejected arguments and are procedurally infirm.

  6. July 21, 2016

    Law Firms Deny Liability In $173M Morgan Drexen Battle

    Law firms tied to a $173 million consumer scam involving now-defunct debt settlement firm Morgan Drexen asked a California federal judge Thursday to roll back an order placing $5.3 million of the blame at their feet, saying they were never parties to the case.

  7. March 17, 2016

    Morgan Drexen Ordered To Pay $173M For Illegal Fees

    A California federal judge on Wednesday ordered Morgan Drexen to pay the Consumer Financial Protection Bureau $173 million in a suit claiming the company collected illegal upfront fees for debt settlement services and ran deceptive advertisements.

  8. October 30, 2015

    Morgan Drexen Should Pay $173M For Illicit Fees, CFPB Says

    The Consumer Financial Protection Bureau has asked a California federal judge to order Morgan Drexen to pay back $133 million in illegal upfront fees it charged consumers for debt-relief services and to slap the company with at least $40 million in penalties.

  9. September 10, 2015

    CFPB Resolves Illegal Fee Claims With Morgan Drexen CEO

    The  Consumer Financial Protection Bureau has settled its claims against the CEO of Morgan Drexen Inc., a bankrupt debt relief company accused by the government of collecting illegal upfront fees, according to a stipulation filed Thursday in California federal court.

  10. June 29, 2015

    CFPB Wants To Keep Files Away From Ex-Morgan Drexen Attys

    The Consumer Financial Protection Bureau has asked a federal judge in California to bar former Morgan Drexen Inc. attorneys from accessing consumer files from the bankrupt debt relief company so that they cannot continue the schemes that led to a government lawsuit.

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