Author Archives: Jeff Sovern

Another benefit to submitting to the Berkeley Consumer Law Scholars Conference

Alan Kaplinsky of Ballard Spahr has asked me to mention that the authors of papers that are selected for the Berkeley Consumer Law Scholars Conference that I posted about yesterday will also be considered to be guests on Ballard Spahr’s weekly podcast program, Consumer Finance Monitor, where Alan would interview them about their papers. Consumer […]

Save the Date & Call for Abstracts: Consumer Law Scholars Conference 2024

We received the following announcement: Save the Date: CLSC 2024 We are pleased to announce the sixth annual Consumer Law Scholars Conference (CLSC), which will be held February 29-March 1, 2024, at Berkeley Law. Save the date! The purpose of the CLSC is to support in-progress scholarship, foster a community of consumer law scholars, and build connections […]

Rory Van Loo calls for more attention to consumer law

Rory Van Loo of BU has written The Public Stakes of Consumer Law: The Environment, the Economy, Health, Disinformation, and Beyond, 107 Minn. L. Rev. 2039 (2023). Here’s the abstract: Consumer law has a conflicted and narrow identity. It is most immediately a form of business law, governing market transactions between people and companies. Accordingly, […]

Study finds consumers are less likely to bring arbitration claims than sue in court

Farshad Ghodoosi of California State, Northridge, David Nazarian College of Business & Economics, Department of Business Law and Monica M. Sharif of California State, Los Angeles have written Arbitration Effect, 60 Am. Bus. L.J. 235 (2023) (behind paywall but also available on Westlaw). Here’s the abstract: Arbitration is changing the United States justice system. Critics argue […]

GOP House Financial Services Committee members accuse CFPB Director Chopra of McCarthyism and extortion

Yesterday CFPB Director, Rohit Chopra, appeared before the House Financial Services Committee to answer questions from committee members, as he does at least twice a year. I haven’t watched the recording yet but according to reports in Law360 and the American Banker, some Republican committee members accused Chopra or the CFPB of being an appendage […]

Do lower fees mean consumers pay more?

That’s essentially what Brad Karp is arguing in a June 1 essay in the American Banker, The CFPB’s late-fee proposal would harm the consumers it seeks to help (behind paywall but available on Lexis). Karp claims costs would go up for “the large majority of credit card customers” because delinquencies would meaningfully rise. As the […]

A Reply and a Challenge to Mr. Levin on Arbitration Opt Outs and Dark Patterns

On June 2, I wrote a blog post, Opaque (formerly Dark) Patterns and Arbitration Opt Outs, arguing that arbitration opt outs are really opaque patterns. On June 8, Mark J. Levin of the Ballard Spahr firm replied in a post at the Consumer Financial Monitor Blog, Arbitration opt out provisions benefit consumers, Professor Sovern. But Mr. […]

American Banker: CFPB enforcement actions plummet under Chopra

Kate Berry has the story here (behind paywall but available on Lexis). Excerpt: * * * The consumer watchdog has filed just five enforcement actions so far this year compared with 20 last year, which marked the second-lowest number on record; just 10 enforcement actions were brought in 2018 during the Trump administration. By comparison, […]

Opaque (formerly Dark) Patterns and Arbitration Opt Outs

Dark Patterns (I prefer calling them Opaque Patterns) have been drawing a lot of attention from consumer protection regulators in recent years. For those who are unclear on what they are, the FTC has defined them as “practices that trick or manipulate users into making choices they would not otherwise have made and that may […]