Under a settlement with the Federal Trade Commission and the State of Florida, the operators of an alleged student debt relief and credit repair scam will be banned from those lines of business. The stipulated final order resolves charges the FTC and the State of Florida brought in April 2016, against Chastity Valdes and her […]
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The Federal Trade Commission has released Cross-Device Tracking: An FTC Staff Report that describes the technology used to track consumers across multiple Internet-connected devices, the benefits and challenges associated with it, and industry efforts to address those challenges. The report concludes by making recommendations to industry about how to apply traditional principles like transparency, choice, […]
Here, in The Intercept. Excerpt: “Did OneWest ‘robo-sign’ documents relating to foreclosures and evictions?” Sen. Bob Casey, D-Penn., asked [Treasury Secretary Nominee Steven] Mnuchin as a “question for the record”. Mnuchin replied that “OneWest Bank did not ‘robo-sign’ documents * * * [Dayan reports on] a 2011 consent order issued by the federal Office of […]
by Paul Alan Levy During the 2016 election cycle, the slogan “Keep America Great” emerged as a counterweight to the Make America Great Again slogan on which candidate Donald Trump was campaigning. A fellow named Andreas Mueller tried to capitalize on that development by reserving the slogan as his own trademark. The Trademark Office, properly […]
In addition to intervention in the suit mentioned by Jeff (below), 6 state attorneys general today moved to intervene in a federal district court case against the Accrediting Council for Independent Colleges and Schools (ACICS), an accreditor of for-profit colleges. The suit is a challenge by ACICS to the Department of Education decision to terminate […]
The Consumer Financial Protection Bureau is still at work. Yesterday, the CFPB took separate actions against CitiFinancial Servicing and CitiMortgage, Inc. "for giving the runaround to struggling homeowners seeking options to save their homes. The mortgage servicers kept borrowers in the dark about options to avoid foreclosure or burdened them with excessive paperwork demands in […]
On Friday, the Third Circuit issued a decision in In re Horizon Healthcare Services Inc. Data Breach Litigation. In that case, the plaintiffs sued after two laptops, containing sensitive personal information about them and others, were stolen from health insurer Horizon Healthcare Services, Inc. The plaintiffs alleged willful and negligent violations of the Fair Credit […]
On Friday, the Ninth Circuit Court of Appeals, deciding an issue of first impression in the federal courts of appeals, held that a prospective employer violates the Fair Credit Reporting Act by providing a job applicant with a disclosure that “a consumer report may be obtained for employment purposes” that simultaneously serves as a liability […]
Read this note from Consumer Financial Protection Bureau head Richard Cordray to his staff in the wake of the PHH decision.