From a post on The Regulatory Review: “When a printer malfunctions beyond the scope of a quick fix, or a smartphone screen cracks beyond use, consumers often have few options. Many manufacturers restrict who may repair the products they make and market, authorizing only a select few technicians. Such restrictions may subject consumers to longer […]
Author Archives: Allison Zieve
The Center for Justice & Democracy has issued Civil Justice Skewed: The Groups and the Billions Spent Advocating for “Tort Reform.” The study provides “a comprehensive overview of the organizations working in 2026 to limit the legal rights of injured parties, updating [CJ&D’s] prior research in a field that has expanded considerably in recent years.” […]
Yesterday, U.S. Senators Richard Blumenthal (D-CT) and Elizabeth Warren (D-MA) and Congressman Hank Johnson (D-GA) wrote to Bank of America CEO Brian Moynihan, calling on the bank to immediately remove its recently added forced arbitration agreement, hamstringing consumers’ legal rights and denying them the ability to hold corporations accountable. “The new forced arbitration provision will […]
A new report from the The People’s Parity Project examines the backgrounds of judges on state “business courts.” Sixty-three percent of Americans live in a state with a business court. Although business courts are intended to hear cases between businesses, a significant number of states hear cases that include workers and consumers, typically relating to […]
In an opinion issued yesterday in Cantero v. Bank of America, the Second Circuit held that New York’s law requiring 2% interest payments on mortgage escrow accounts is preempted under the National Bank Act, because it “significantly interferes” with federal law, which allows federally chartered national banks to offer mortgage-escrow accounts without requiring them to […]
ProPublica reports that online lenders tied to Native American tribes claim that they aren’t subject to state lending laws, but then have backed away from operating in six states where attorneys have acted forcefully to protect consumers. The story is here.
Read “The Tribal Lending Industry Offers Quick Cash Online at Outrageous Interest Rates. Here’s How It’s Survived,” from ProPublica this week.
The FTC reports: “Grubhub will pay $25 million to settle charges from the Federal Trade Commission and the Illinois Attorney General that the food delivery firm engaged in an array of unlawful practices including deceiving diners about delivery costs and blocking their access to their accounts and funds, deceiving workers about how much money they […]
As Christine reported, the Consumer Financial Protection Bureau issued a rule just yesterday to cap overdraft fees. Already, a group of banking associations have challenged it. The complaint, filed in Mississippi, is available here.
The Consumer Financial Protection Bureau has released a report examining federal and state-level privacy protections for consumers’ financial data. The report notes that protections under federal regulations for financial data have limits. Yet, many new state data privacy protections exempt financial institutions and consumer financial data covered by federal law, even though states generally have […]