Consumer Protection Law360 provides breaking news and analysis on consumer rights law. Coverage includes litigation and enforcement actions over false advertising, deceptive trade practices, predatory lending, and debt collection, as well as related policy developments.
Democrats have strengthened their presence in state-level law enforcement after flipping the attorney general's office in several state in the midterm elections, gains that some financial services experts say could make for a tougher enforcement landscape for banks and other financial services firms.
A Minnesota federal judge axed a suit accusing Credit One Bank NA of unlawfully placing 140 debt-collection calls to a phone number it believed belonged to one of its customers, ruling the equipment used to make the calls couldn't be considered an "autodialer" under a recent D.C. Circuit ruling.
A Delaware bankruptcy judge on Friday postponed action on Starion Energy Inc.’s attempt to bar Massachusetts from potentially retaining millions of dollars of its assets as the state pursues a consumer protection action against the company for alleged deceptive marketing practices.
The U.S. Securities and Exchange Commission fired back at the former CEO of 1 Global Capital LLC’s attempt to “escape the consequences of his actions” on Friday, saying his bid to toss a $287 million fraud suit is based on “inaccurate and incomplete facts, incorrect legal standards and infirm legal arguments.”
The Federal Communications Commission issued a report and order on Friday that will allow cable operators to deliver notices required by the Code of Federal Regulations to customers via verified email addresses instead of paper mail unless they have opted out.