So Amanda Bronstad reports at Law.com in Federal Roundup Judge Refuses to Step Into ‘Mind-Boggling’ $7.25B Class Settlement. Excerpt: [Judge] Chhabria said, “You have a meeting with the judge on the day you filed it, a prearranged meeting with the judge on the day you filed it. You say it was in open court, but it […]
Author Archives: Jeff Sovern
On May 14 – 15 at George Mason’s Antonin Scalia Law School’s Institute for Consumer Financial Choice. More information here. Here’s some of what appears there: The Future of Consumer Financial Protection: A Two-Day FTC/ICFC Colloquium on the 5th Anniversary of the Consumer Financial Protection Bureau’s Taskforce on Federal Consumer Financial Law The first afternoon’s registration begins at 11:45 and a […]
Story here. It was in Canada. I suppose it was inevitable given how many others have relied on AI-hallucinated citations without checking. I suspect it has happened in the US as well, though perhaps without anyone knowing. Of course, if arbitrators don’t write opinions but merely ask AI questions and don’t verify the cites, no […]
Here are the speakers scheduled to appear at the moment: Adelina Acuña (UC Berkeley) Craig Cowie (University of Montana) Prentiss Cox (University of Minnesota Law School) Lesley Fair (George Washington University) Jeff Gentes (Yale Law School) Ryan Marquez (University of Houston Law Center) Ted Mermin (UC Berkeley) Andy Milz (Temple University Beasley School of Law) Robert Murphy (University of Virginia School of Law) James […]
Text available here. It’s believed to be the first law banning surveillance pricing in the country (New York has a law requiring that any use of algorithmic pricing be disclosed). The law is limited to larger grocery stores and delivery services. It follows a December story by Consumer Reports that Instacart was using surveillance pricing […]
At Ballard Spahr’s Consumer Finance Monitor podcast. Levine, the former director of the FTC’s Consumer Protection Bureau, is now the Commissioner of the New York City Department of Consumer and Worker Protection, where he is likely to serve as a model for other state and local regulators. .
Here. New § 1002.6 provides in part: ECOA “does not provide that the ‘effects test’ applies for determining whether there is discrimination in violation of the Act.” The regulation also purports to define discouragement and covers special purpose credit programs. I wonder how long before a court challenge is filed.
Tamar Kricheli-Katz of Tel Aviv University and Florencia Marotta-Wurgler of NYU have written The Distributional Costs of Effective Consumer Regulation. Here’s the abstract: Disclosure is a cornerstone of consumer protection regulation, yet little is known about its differential effects across consumers. We study how disclosure format influences decision-making across the income distribution, drawing on insights from […]
Last month, we published a guest post by Hofstra consumer law scholar Norm Silber expressing serious concerns about a proposed Roundup class action settlement. Professors Silber and Myriam Gilles of Northwestern have coauthored an amicus brief urging a federal court to grant injunctive or declaratory relief to enable the court to evaluate aspects of the […]