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Consumer Financial Protection Bureau v. Morgan Drexen Inc et al

  1. June 19, 2015

    Morgan Drexen Banned From Getting Fees, Starts Shutdown

    A California federal judge ruled Thursday that Morgan Drexen Inc., a bankrupt debt relief company accused by the government of collecting illegal upfront fees, can't collect any fees from customers, and on Friday the company's bankruptcy trustee told the court the company has commenced an immediate shutdown.

  2. February 10, 2015

    CFPB Goes For Morgan Drexen's Jugular Over Fabricated Docs

    The Consumer Financial Protection Bureau on Tuesday pushed for default sanctions against Morgan Drexen Inc., which allegedly duped consumers into paying illegal upfront fees for debt-relief services, telling a California federal judge that company officials fabricated and destroyed evidence in the lead-up to trial.

  3. January 14, 2014

    Morgan Drexen Loses Constitutional Challenge In CFPB Suit

    A California federal judge on Friday denied Morgan Drexen Inc.'s bid to evade a government lawsuit claiming the company collects illegal upfront fees for debt-relief services through a deceptive contract structure, rejecting the company's argument that the Consumer Financial Protection Bureau is unconstitutional.

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