The House of Representatives approved a bill increasing the threshold at which small brokers must register with the Securities and Exchange Commission on Thursday, a move that backers said would reduce overly burdensome regulations.
The Federal Trade Commission is set to consider when a breach of consumers’ data becomes an “injury,” at a workshop companies and privacy hawks are watching for clues on what kinds of data breach lawsuits the agency will bring going forward.
A California federal judge on Thursday signed off on a tax lawyer’s $11.7 million disgorgement agreement for a scheme in which he raised money from investors to finance class actions, while not disclosing the risks of the suits and using many of the proceeds for personal use and to make Ponzi-like payments to earlier investors.
The U.S. Department of Transportation pulled a pair of Obama-era proposals that would have forced airlines to tell consumers about baggage fees at the beginning rather than the end of a ticket purchase and to report revenues from add-on fees, according to a notice Thursday.
A proposed class of consumers filed a $5 million lawsuit against Marriott Vacation Club on Thursday in California federal court, alleging the time-share company violated the Telephone Consumer Protection Act by making unsolicited robocalls to the consumers’ cellphones using an autodialer.
The U.S. Department of Justice announced Friday that a federal prosecutor from North Carolina is taking on a new role reviewing DOJ forfeiture rules and overseeing a controversial practice that empowers local law enforcement to seize property.
An Illinois federal judge on Thursday allowed a Dunkin’ Donuts customer to go forward with his claim the chain duped him into buying an artificially flavored blueberry doughnut believing it contained real berries, saying if his claims are true it was a reasonable belief.
President Donald Trump on Friday said that Wells Fargo & Co. would face tougher penalties even as the administration rolls back bank regulations amid reports that a penalty against the bank would be reviewed and potentially lowered.
The Eleventh Circuit on Thursday refused to revive a computer hacking and trespass suit that LabMD filed against Tiversa in Georgia federal court as part of the parties' wide-ranging dispute over the exposure of a LabMD patient data file, agreeing with a lower court that there was no evidence that a Pepper Hamilton LLP partner who represented Tiversa intentionally deceived the court.
A California federal judge hearing cases related to Volkswagen AG’s clean diesel scandal ruled Wednesday that investors cannot cite the automaker's plea deal and admissions to prosecutors as proof that dozens of its statements to investors were false or made with scienter, although he found they did contradict the automaker’s statements printed on its engines.
Enterprise Rent-a-Car and one of its customers have resolved a proposed class action claiming the company refused to refund charges for a toll violation despite receiving proof he had paid the toll with his E-ZPass, according to an agreement filed Wednesday in New Jersey federal court.
Customers accusing multilevel marketing fashion retailer LuLaRoe of overcharging them $8.3 million by calculating sales tax based on the location of sellers rather than consumers asked a Pennsylvania federal judge Wednesday to grant them class status.
The recently affirmed owner of a $12 billion fleet of securitized student loan trusts moved late Wednesday to lock in its authority to settle a regulatory agency’s pending $22 million federal consent decree over debt collection practices, despite a seeming slowdown in the Delaware case.
Utz Quality Foods has agreed to pay $1.25 million to resolve a proposed class action asserting that certain of its snack foods are deceptively labeled as being “all natural,” according to documents filed Wednesday in Massachusetts federal court.
The Seventh Circuit on Thursday affirmed the dismissal of an objection to American Express’ $6.7 million settlement ending claims that AmEx's prepaid gift cards don't work universally, finding that a district judge didn't abuse his discretion in approving it, even though it said the deal is “flawed” and consumers are getting meager recoveries.
The U.S. Judicial Panel on Multidistrict Litigation transferred several proposed class actions against Sonic Drive-In to the Northern District of Ohio on Wednesday, centralizing the suits over the restaurant chain’s massive breach of customer data.
A privacy advocacy group has urged the Third Circuit to reject Google’s $5.5 million settlement that allows the search giant to pay internet watchdogs — and not consumers — to resolve claims that it bypassed privacy settings on Apple’s internet browser Safari to track users.
Ohio law firm Weltman Weinberg & Reis Co. LPA on Wednesday asked a federal judge in Ohio to slap the Consumer Financial Protection Bureau with sanctions for allegedly attempting to delay allowing the firm to speak with former Director Richard Cordray before he left the bureau.
Bumble Bee Foods LLC was hit Wednesday with a class action accusing the company of tricking consumers into believing its "medium red smoked salmon" product was fresh caught and smoked, when in fact it was farm-raised, colored pink and artificially flavored.
The Consumer Financial Protection Bureau official currently embroiled in a fight over the temporary leadership of the federal consumer finance watchdog on Wednesday asked a federal judge to remove a rival acting director appointed by President Donald Trump and declare his actions invalid.
The Fifth Circuit is among the busiest federal circuit courts in the country. What can you do to increase your chances of reaching oral argument? And if given the opportunity, how can you present a persuasive argument? Former Fifth Circuit clerk Justin Woodard, an associate at Jones Walker LLP, shares some advice.
Having just completed a six-year term as chair of the U.S. Sentencing Commission, I read Yale Law School professor James Forman's new book, "Locking Up Our Own: Crime and Punishment in Black America," with particular interest, says Judge Patti Saris, chief judge for the U.S. District Court for the District of Massachusetts.
Though the Children’s Online Privacy Protection Act does not provide a private right of action, a recent spate of consumer class actions have attempted to use the law as a predicate for asserting violations of common law privacy-related torts and various state consumer protection statutes, say attorneys at DLA Piper LLP.
On the heels of the new Insurance Data Security Model Law recently adopted by the National Association of Insurance Commissioners, members of Mayer Brown explain the new law, its substantive requirements, and the takeaways for the insurance industry.
The Consumer Financial Protection Bureau keeps the marketplace safe for well-behaved companies, by policing cheaters who take away sales, profits and market share from businesses that follow the rules. Why honest companies would revile the protective force that ensures their prosperity is a mystery, says Daniel Karon of Karon LLC.
When defending claims involving Medicare, it is important to consider whether they may be preempted by state or local laws. An Illinois federal court's recent decision in Mayberry v. Walgreens highlights just how far Medicare preemption can reach, say attorneys with Ropes & Gray LLP.
In recent years, the Judicial Panel on Multidistrict Litigation has assigned many MDL cases to judges who have not previously presided over MDL proceedings. The panel still assigns cases to experienced MDL judges as well, but prior experience is clearly not a prerequisite for being an MDL transferee judge, says Alan Rothman of Arnold & Porter Kaye Scholer LLP.
Once the dispute over appointment of the Consumer Financial Protection Bureau's new director is resolved, the first task for the new interim director will be to set a new and likely very different course for the bureau. Attorneys at WilmerHale discuss a variety of policy reforms the new director should implement.
Last month, the U.S. International Trade Commission declined to institute a Section 337 investigation based on a complaint brought by Amarin Pharma Inc. This decision, departing from the ITC's typical practice, provides insight into the ITC's jurisdiction and deference to sister government agencies, say Matthew Rizzolo and Vladimir Semendyai of Ropes & Gray LLP.
The New Jersey Supreme Court recently ruled that certain claims under the state's Truth-in-Consumer Contract, Warranty and Notice Act could not be certified. But the court left other TCCWNA issues to be decided another day. Its forthcoming decision in Spade v. Select Comfort Corp. may provide answers to those remaining questions, say attorneys with K&L Gates LLP.