From the FTC’s press release: Two data brokers have agreed to settle Federal Trade Commission charges that they violated the Fair Credit Reporting Act (FCRA) by providing reports about consumers to users such as prospective employers and landlords without taking reasonable steps to make sure that they were accurate, or without making sure their users […]
…is the title of this informative story from WSJ's MarketWatch about a new study from the Pew Charitable Trusts released today. The takeaway is that although most consumers don't read banking-contract fine print (the median length of which is 44 pages), more banks are adding verbiage to their checking account fine print that prevents customers […]
I don't usually link to posts on Ballard Spahr's CFPB Monitor on the theory that our readers also read their blog (and if you don't, you should), but just in case that theory is incorrect as to some of our readers, here is the the story.
Timothy E. Goldsmith of New Mexico's Psychology Department and Nathalie Martin at New Mexico's Law School have written Interest Rate Caps, State Legislation, and Public Opinion: Does the Law Reflect the Public's Desires? 89 Chicago-Kent Law Review (2014). Here's the abstract: In scholarly circles, debates about the benefits and burdens of high-costs lending are prevalent, […]
The Consumer Financial Protetion Bureau has obtained this big-dollar consent order from Bank of America (BOA) arising from the bank's unfair and deceptive credit-card practices. About 1.4 million consumers will receive refunds totalling $727 million. BOA will also pay the CFPB a $20 million civil penalty. CFPB Director Richard Cordray talked tough in announcing the […]
Even aside from concerns about Facebook and privacy, the people who set up this business must truly be, well, jerks …. On Monday, the Federal Trade Commission charged the operators of the website “Jerk.com” with harvesting personal information from Facebook to create profiles labeling people a “Jerk” or “not a Jerk,” then falsely claiming that […]
by Paul Alan Levy Following the recent decision of the Virginia Court of Appeals affirming the enforcement of a subpoena to Yelp by Hadeed Carpet Cleaning, demanding the identities of seven anonymous reviewers, and our petition to the Virginia Supreme Court seeking leave to appeal, Hadeed has been trying to organize a broader crusade against […]
As the Baltimore Sun reports, "Maryland's minimum wage will rise to $10.10 by July 2018 under a bill granted final passage by state lawmakers Monday. The measure goes to Democratic Gov. Martin O'Malley for his promised signature." For a good discussion of the political debate over the effects of the minimum wage, listen to this […]
Here. I recommend the conference highly. Very informative.
The case is Dart Cherokee Basin Operating Company, LLC v. Owens. Here is the question presented (and the defendant's argumentative intro to the question presented taken from its petition for a writ of certiorari): A defendant seeking removal of a case to federal court must file a notice of removal containing “a short and plain […]