The Consumer Financial Protection Bureau (CFPB) announced yesterday action against M&T Bank for deceptively advertising free checking accounts. As explained in the CFPB press release: The CFPB found that M&T lured in consumers with promises of “no strings attached” free checking, without disclosing key eligibility requirements. When consumers failed to meet the requirements, M&T automatically […]

Law professor Martin Redish and law student Jullie Karaba think so, as they explain in One Size Doesn't Fit All: Multidistrict Litigation, Due Process, and the Dangers of Procedural Collectivism. Here is the abstract: Panel of federal judges regularly transfers cases which may share no more than one common issue from federal districts all over […]

In defending against federal and state antitrust claims that it monopolized the digital music market, Apple sought to file under seal a variety of information, including its prices, names of other companies, and expert analysis. In a victory for court transparency, the U.S. District Court for the Northern District of California late last week refused, […]

The Food and Drug Administration has issued this set of materials concerning which over-the-counter drugs impair the user's ability to drive and operate other machinery.

This video, "Lost in the Fine Print," speaks for itself. I highly recommend it.

Several education technology companies have signed a pledge to protect student privacy in respects not required by federal law. Reports Politico: Companies signing the pledge — including Microsoft, Amplify, Edmodo, Knewton and Houghton Mifflin Harcourt — will commit to clearly disclose what type of personal information they collect about students, and for what purpose. They […]

As Pew describes it: This report, the fourth in Pew’s Payday Lending in America series, examines Internet-based payday loans and finds that lender practices often have serious detrimental effects on consumers. Online payday loans are more expensive than those offered through stores and are designed to promote renewals and long-term indebtedness, and they frequently result […]

Jake Halpern has an interesting article in the N .Y. Times Sunday Review discussing the life of a debt collector, based on research for a book he is writing. It is an interesting look at the life of a debt collector. I was surprosed by who the debt colectors were, and how much they earned. […]