My latest op-ed, in the American Banker (behind paywall but available on Lexis). An excerpt: Polls show that the CFPB is extremely popular, even among Republican voters. So why are Republican politicians so quick to attack it? One answer is that the politicians believe that the free market provides better consumer protection than the government. […]
Author Archives: Jeff Sovern
Here’s the announcement, which can also be found at Two Year Consumer Law Fellowship – NACA (consumeradvocates.org) NACA Consumer Law 2-Year Fellowship Program Jumpstart Your Career in Consumer Law: Be a NACA Inaugural Fellow and Make a Real Impact from Day One! This unique two-year fellowship offers students about to graduate law school the opportunity […]
Imran Rahman-Jones has the story in the BBC here. A family’s 12-year old ordered pizza on Uber Eats and that cost the parents the ability to go to court when the Uber they were riding in crashed, causing spinal fractures and other terrible injuries.
MarketWatch has a story here and the American Banker’s Pola Rocha and Kevin Wack take a deeper dive here (behind paywall but also available on Lexis). Former President Trump describes the cap as temporary. It looks like an attempt to pander to voters with credit card debt. It is also hard to reconcile with the fact […]
Tanya J. Monestier of Buffalo has written Amazon’s Dirty Little Secret, 69 Villanova Law Review 521 (2024). Here’s the abstract: You need new earbuds because one of yours just went missing. You log onto Amazon and scroll through the endless array of options. You finally select a pair “Sold by” Amazon and click “Buy Now.” […]
Here, at the Poverty Law Center. Here’s an excerpt (footnote omitted): * * * I am increasingly worried about where we are headed today. After decades of more and more and more lending, the American people now have a significant debt burden. Yet there is no shortage of venture capital, private equity, and other pools […]
Michael Z. Green of Texas A&M has written Expanding the Ban on Forced Arbitration to Race Claims, 72 Kansas Law Review 455 (2024). Here’s the abstract: When Congress passed the Ending Forced Arbitration of Sexual Assault and Sexual Harassment Act (“EFASASHA”) in March 2022, it signaled a major retreat from the Supreme Court’s broad enforcement […]
Here’s the announcement: NACA 2025 Consumer Law Summer Fellowship Program The National Association of Consumer Advocates (NACA) are seeking motivated law students to apply for our Summer Consumer Law Fellowship Program. Interested students should arrange an internship position, contingent on funding, with a Legal Services/ Public Interest Organization’s consumer law unit or a private consumer […]
Craig Cowie of Montana has written Creating Compliance Climates, 75 UC Law Journal (2024). Here’s the abstract: Relatively few regulated entities are the targets of enforcement activity or otherwise have direct contact with regulators. Given that absence of direct contact, this Article posits that regulators influence behavior by creating “compliance climates” that project regulators’ priorities into […]
So reports PHILIP MARCELO of the Associated Press here. This isn’t the first time a company has changed course in an arbitration demand after adverse publicity. Wells Fargo had actually won a motion to send a case to arbitration arising out of its unauthorized account scandal back in 2016, before settling its class action for […]