As previously discussed in our June 15 post titled “New York DFS Clarifies Debt Collection Requirements,” the Federal Trade Commission co-hosted the first “Debt Collection Dialogue” in Buffalo, New York, together with the New York Attorney General’s Office. As part of that event, FTC Bureau of Consumer Protection Director Jessica Rich and
47 State AGs Ask Congress to Preserve their Authority to Investigate Data Breaches
On July 7, 47 state attorneys general signed onto a multistate letter to the U.S. Congress emphasizing the importance of maintaining states’ authority to enforce data breach and data security laws, and their ability to enact laws to address future data security risks.
The letter to Senate Majority and Minority Leaders, Mitch McConnell and Harry
Join us at the American Conference Institute’s 23rd National Conference on Consumer Finance Class Actions & Litigation
Expert strategies for in-house and outside counsel on navigating class actions, litigation, and government enforcement actions and examinations in the consumer finance industry
Monday, July 27 to Tuesday, July 28, 2015
The Omni Hotel on the Magnificent Mile, Chicago, IL
On behalf of Troutman Sanders you will receive a discount off the standard registration cost
FTC and Florida AG File Suit to Halt Robocalls from “Card Member Services”
The FTC and Florida Attorney General Pam Bondi obtained an ex parte temporary restraining order from the United States District Court for the Middle District of Florida on June 22, temporarily halting several Orlando-based companies from allegedly making illegal robocalls designed to trick consumers nationwide into paying for “worthless credit card interest rate reduction programs.”
West Virginia Attorney General’s Office Settles Debt Collection Allegations against CashPoint
On June 23, West Virginia Attorney General Patrick Morrisey announced that he had reached a settlement with Dominion Management Services, a vehicle title loan company that does business as CashPoint. The agreement will result in CashPoint forgiving about $2.36 million in consumer loan debt, and releasing liens on hundreds of titles of vehicles owned by
Georgia Office of Consumer Protection to Become Part of AG’s Office
Effective July 1, the Georgia Governor’s Office of Consumer Protection is moving administratively to the Office of the Georgia Attorney General. At that point and thereafter, the office will be known as the Consumer Protection Unit (CPU) of the Law Department. According to its announcement concerning this move, the unit will continue to perform essentially
Virginia Governor Vetoes Outside Counsel Transparency Bill
Virginia Governor Terry McAuliffe recently vetoed a bill that would have required public posting of most state contracts with private lawyers. The bill’s sponsor, Mark Obsenshain (R-Harrisonburg), wrote that “the legislation would have enhanced transparency for the procurement of outside counsel through the Office of the Governor or the Attorney General.” Governor McAulliffe disagreed and
New York Auto Dealers Pay $14 Million to Settle “Jamming” Claims
On June 17, New York’s state attorney general announced a $14 million settlement to resolve claims of illegal “jamming” sales practices from 2010 to 2014 with Paragon Honda, Paragon Acura, and White Plains Honda, three New York City-area dealerships owned by the same individuals. The state’s press release defines jamming as “unlawfully charging consumers for
Virginia Attorney General Announces Agreement to Keep Sweet Briar Open
On June 20, Virginia Attorney General Mark Herring announced that an agreement had been reached to keep Sweet Briar College open, ending months of litigation over the future of the College. The agreement will both provide money for the next year of operation and create a wholesale change of school leadership.
In March of this
FTC Holds Inaugural Debt Collection Dialogue
On June 15, the Federal Trade Commission and the Office of the New York State Attorney General hosted a “Debt Collection Dialogue” in Buffalo, New York. FTC Bureau of Consumer Protection Director Jessica Rich and New York State Attorney General Eric Schneiderman delivered opening remarks, and officials from the New York State Department of Financial