CFPB announces first enforcement action under Kraninger: Will there be a Kraninger discount, as there was a Mulvaney discount?

by Jeff Sovern Regular CFPB observers will recall that after Mulvaney took over as acting CFPB director, it took many months before the Bureau announced its first enforcement action.  Well, the new director, Kathy Kraninger, has already announced her first settlement. This settlement might offer some guidance as to what kind of director Kraninger will […]

Tsesis Article: Marketplace of Ideas, Privacy, and Digital Audiences

Alexander Tsesis of Loyola of Chicago has written Marketplace of Ideas, Privacy, and Digital Audiences, forthcoming in the Notre Dame Law Review.  Here's the abstract: The availability of almost limitless sets of digital information has opened a vast marketplace of ideas. Information service providers like Facebook and Twitter provide users with an array of personal […]

Sad News: FTC Crippled by Government Shutdown

by Jeff Sovern The FTC was expected to run out of funding to conduct most of its operations at some point today, according to the Washington Post. The FTC's shutdown is obviously bad news for consumers. My understanding is that because the CFPB receives its funding from the Fed, it is not subject to the […]

Applications for Janet D. Steiger Fellowship now open; it pays law students $6,000 to do summer consumer law work

Excerpts from the announcement: The Janet D. Steiger Fellowship Project provides law students the extraordinary opportunity to work in the consumer protection departments of state and territorial Offices of Attorneys General and other consumer protection agencies, including the National Association of Attorneys General and the Attorney General’s Office of the District of Columbia, throughout the […]

Judge Young Speaks His Mind About Arbitration

It could have been a routine order directing arbitration in a commercial dispute no one beyond the parties would likely care about. Instead, Judge William Young of the U.S. District Court for the District of Massachusetts used the occasion of a dispute between two companies about the meaning of their arbitration agreement to deliver an […]

Sternlight article on mandatory arbitration’s detrimental effects on employment law and society’s must vulnerable employees

Law prof Jean Sternlight has written Mandatory Arbitration Stymies Progress Towards Justice in Employment Law: Where To, #MeToo?. Here's the abstract: Today our employment law provides workers with far more protection than once existed with respect to hiring, firing, salary, and workplace conditions. Despite these gains, continued progress towards justice is currently in jeopardy due […]

Did Johnson & Johnson cover up possible asbestos contamination in its baby powder?

In case you've not read about the allegations that Johnson & Johnson covered up possible asbestos contamination in its baby powder, read this article by Roni Caryn Rabin and Tiffany Hsu. We've posted before (for instance, here) about suits against Johnson & Johnson alleging that talc in baby powder caused the plaintiffs' ovarian cancer. Plaintiffs […]

Delaware Chancery Court Rejects Corporate Forum Selection Clauses, With Potential Implications for Forced Shareholder Arbitration (Amended)

Alison Frankel of Reuters reports that the Delaware Chancery Court has held that Delaware corporations lack authority to include in their charters "forum selection clauses" applicable to federal securities fraud claims asserted by shareholders. Put more simply, the ruling limits corporate power to tell shareholders where they have to file their claims. As Frankel's article […]

Consumer groups ask FTC to investigate apps that manipulate kids

Today, in conjunction with a new study that details a host of concerning practices in apps targeted to young children, 22 consumer and public health advocacy groups (including Public Citizen) called on the Federal Trade Commission to investigate the preschool app market. The groups' letter urges the FTC to hold app makers accountable for unfair and […]