NPR reports today on Secretary Betsy DeVos's decision to overrule the decision to forgive the federal student loans of students defrauded by now-defunct Corinthian Colleges and ITT. The story is here. Also today, the Department announced a new methodology for determining whether and if so how much relief to provide to student borrowers defrauded by […]
The Supreme Court this morning decided Rotkiske v. Klemm, No. 18-328, holding that absent the application of an equitable doctrine, the FDCPA’s statute of limitations begins to run on the date on which the alleged FDCPA violation occurs, not the date on which the violation is discovered. The question in Rotkiske was whether a discovery […]
by Jeff Sovern . . . can get it here, by speaking to a West representative, or by clicking this link: https://signin.westacademic.com/Security/Login?redirect=%2fSAML%2fSSOService%3fSAMLRequest%3dfZJdT8IwFIb%252FytL7fQICDSNBiHEJ6sLQC29M6c6gydbOng7w39sNVLyApDc9X%252B%252FT93SCrCprOmvMTq7gswE0TrKIyQeMNgPo3Y3dzXBcuP2ox93RqA%252FuuM8DPrC5MAiI8wYahZIxiTx7SxAbSCQaJo0NBeHYDSM3DNZRRAN7Bt5w8E6chRURkpmucWdMjdT3UWylkN7B5hhnOVSCe1xVfjZ7WvpZ9pKB3gsOxHlQmkPHG5OClQitbsoQxR5%252BI6lWRnFV3guZC7mNSaMlVQwFUskqQGo4bSdTy003pyKkj%252Bt16qYv2Zo4M0TQLeFcSWwq0Gf919XyjxmOfMfkFq5QX5vhMayPxDlWpUTa%252BX%252Bbrz4%252FhkwnbTXtbNYX%252Fbfb2Q8GmV4FnvgXk08yNX22o5JFqkrBv1rbK2auK4Ve2EVE7hZdKW0k1sBFISC3fpalOsw1MGOXZHRjd%252BRPT6r%252Ff9%252F0Gw%253D%253D%26RelayState%3d%252FDocumentDisplay.aspx%253FDocID%253D26704%2526f%253D1%2526navTabIndex%253D1. More information here.
The Federal Trade Commission announced today that it has settled with the University of Phoenix and its parent company, Apollo Education Group, for a record $191 million to resolve FTC charges that the school used deceptive advertisements that falsely touted their relationships and job opportunities with companies such as AT&T, Yahoo!, Microsoft, Twitter, and The […]
Yonathan A. Arbel of Alabama and Roy Shapira of the Stigler Center, University of Chicago Booth School of Business, have written Theory of the Nudnik: The Future of Consumer Activism and What We Can Do to Stop it, forthcoming in the Vanderbilt Law Review. Here's the abstract: How do consumers hold sellers accountable and enforce market […]
by Paul Alan Levy In pursuit of his frivolous libel suit against Devin Nunes’ Cow and other defendants in Henrico County, Virginia, Congressman Devin Nunes has served subpoenas on Twitter, on a local political consultant, and on a Richmond law firm, demanding information that would provide the identity of the owner of the Devin Nunes’ Cow […]
Andrea Chandrasekher and David Horton, both of California–Davis, have written Empirically Investigating the Source of the Repeat Player Effect in Consumer Arbitration. Here's the abstract: Policymakers, courts, and scholars have long been interested in whether repeat players enjoy an advantage in forced arbitration. Sophisticated empirical studies of consumer and employment awards reveal that there is indeed […]
By a vote of 417-3, the House of Representatives today passed a bill restricting robocalls. The TRACED Act would require phone companies to block robocalls without charging customers any extra money, require most carriers in the U.S. ensure that calls are coming from real numbers, and expand government authority to penalize robocallers. The Hill reports […]
The Department of Education stated in a court filing this week that it had pursued 29,000 more former Corinthian Colleges students for federal student loan payments than it had previously identified, despite a court order barring collection. As we noted in a post in October, a federal judge held Education Secretary Betsy DeVos in contempt […]
Here. Excerpt: Across Utah, high-interest lenders filed 66% of all small claims cases heard between September 2017 and September 2018, according to a new analysis of court records conducted by a team led by Christopher Peterson, a law professor at the University of Utah and the financial services director at the Consumer Federation of America, […]