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POLICY & REGULATION
Calif. Regulator To Appeal $100M OppFi 'Rent-A-Bank' Loss
By Sarah Jarvis
California's financial services regulator has appealed a state judge's ruling that it cannot pursue millions in fines against Opportunity Financial for alleged "rent-a-bank" predatory lending, after the judge rejected the regulator's allegation that OppFi was the "true lender" for loans that the company argued originated from an out-of-state partner.
Notice attached |
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ENFORCEMENT
FTC Says Hims & Hers Shares Health Data, Misleads Users
By Lauren Berg
The Federal Trade Commission and regulators in California and Utah allege in a federal lawsuit filed Wednesday that Hims & Hers promises patient privacy while actually sharing consumers' sensitive health information with Meta Platforms and other third-party advertising platforms and that the telehealth provider has deceived users about its billing practices.
Complaint attached |
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LITIGATION
EXPERT ANALYSIS
LEGAL INDUSTRY
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