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Chamber of Commerce of the United States of America et al v. Consumer Financial Protection Bureau et al
Case Number:
3:17-cv-02670
Court:
Nature of Suit:
Other Statutes: Administrative Procedure Act/Review or Appeal of Agency Decision
Judge:
Companies
- American Bankers Association
- Consumer Bankers Association
- Financial Services Roundtable
- Texas Bankers Association
Government Agencies
Sectors & Industries:
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November 02, 2017
Biz Groups Drop Challenge To Dead CFPB Arbitration Rule
Just a day after President Donald Trump nullified a Consumer Financial Protection Bureau arbitration rule that would have allowed customers to file class action lawsuits against financial firms, business groups that sued to overturn the rule dropped their litigation over the regulation.
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September 29, 2017
Biz Groups Sue To Overturn CFPB's Arbitration Rule
A U.S. Consumer Financial Protection Bureau rule that blocks companies from forcing consumers to go to arbitration instead of filing class action cases is unconstitutional and illegal, according to a U.S. Chamber of Commerce-led lawsuit filed Friday in Texas federal court.