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20 Sep 2016, 9:56 am
Supreme Court first recognized sexual harassment as sex discrimination under Title VII of the Civil Rights Act of 1964 in Meritor Savings Bank v. [read post]
19 Sep 2016, 11:24 am
But it should be noted that proper oversight and engagement with third-party vendors, particularly for the largest institutions, is costly and time-consuming. [read post]
15 Sep 2016, 9:30 pm
Included in the bill, which would effectively serve as a replacement for the Dodd-Frank Wall Street Reform and Consumer Protection Act, is a provision that would allow banks to avoid certain financial regulations contained in Dodd-Frank if they maintain higher capital levels, as well as a provision for restructuring the leadership of the Consumer Financial Protection Bureau (CFPB)—an agency that was created by Dodd-Frank—by replacing its director with a… [read post]
15 Sep 2016, 2:48 pm
Class action lawsuits our law firm has been involved in or spear-headed have led to substantial awards totalling over a million dollars to organizations including the National Association of Consumer Advocates, the National Consumer Law Center, and local law school consumer programs. [read post]
15 Sep 2016, 12:09 pm
National Football League, 560 U.S. 183, 192-196 (2010). [read post]
15 Sep 2016, 4:44 am
In other words, the U.K. will seek to avoid plunging directly into tariff barriers similar to those the EU applies to third countries (Most Favored Nation, or “MFN” treatment) under the auspices of the World Trade Organization (WTO). [read post]
7 Sep 2016, 11:38 am
”National Association of Consumer Advocates “The widespread suppression of consumer finance claims not only denies remedies for millions of American consumers and encourages ongoing risky conduct, it also stunts the necessary development of consumer protection laws. [read post]
7 Sep 2016, 11:02 am
For more information, visit consumerfinance.gov.FOR IMMEDIATE RELEASE:September 7, 2016CONTACT:Office of CommunicationsTel: (202) 435-7170Prepared Remarks of Richard CordrayDirector of the Consumer Financial Protection BureauYouth Financial Capability Town Hall RemarksDallas, TexasSeptember 7, 2016Ann Baddour is the vice chair of our Consumer Advisory Board. [read post]
6 Sep 2016, 5:12 pm
This was the Eleventh Circuit’s basis for denying a bank’s attempt to send a payday lending dispute to arbitration, holding that the designated Cheyenne River Sioux Tribal Nation arbitral forum did not exist at the time the agreement was made. [read post]
6 Sep 2016, 10:49 am
Firms that trade currencies in the interbank market, however, are most likely to be banks, investment banks and large corporations, since the term “interbank market” refers simply to a loose network of currency transactions negotiated between financial institutions and other large companies. [read post]
31 Aug 2016, 9:30 pm
Kashkari argues that the nation needs to consider bold proposals like breaking up large banks and forcing them to hold more capital in reserve. [read post]
31 Aug 2016, 11:25 am
The percentage of mortgage complaints submitted by Ohio consumers, 22 percent, was lower than the 25 percent national average. [read post]
29 Aug 2016, 1:02 pm
The FTC today announced a request for public comment on the Standards for Safeguarding Consumer Information Rule (the Safeguards Rule). [read post]
29 Aug 2016, 4:39 am
Mishkin The CFPB announced that it has entered into a consent order with First National Bank of Omaha to settle charges that the bank engaged in unfair or deceptive acts or practices in connection with the marketing and sale of credit card add-on products and the billing of consumers for such products. [read post]
23 Aug 2016, 7:52 am
The National Federation of Independent Businesses has joined the push for California exemption reform. [read post]
22 Aug 2016, 12:19 pm
Wehmann, Executive Vice President, Scores for Fair Isaac Corporation, Roseville, MN Chi Chi Wu, Staff Attorney, National Consumer Law Center, Boston, MA Community Bank Advisory Council Members Melissa A. [read post]
21 Aug 2016, 6:30 pm
National statistics indicate that more than 50% of Americans foolishly die without leaving a Will. [read post]
19 Aug 2016, 12:34 pm
Chief Deputy Whip Patrick McHenry (R, NC-10), the Vice Chairman of the House Financial Services Committee, introduced H.R. 5724, the Protecting Consumers’ Access to Credit Act of 2016, which would reaffirm the longstanding legal precedent under the National Bank Act and the Federal Deposit Insurance Act that federal law preempts a loan’s interest if valid when made. [read post]
19 Aug 2016, 7:02 am
The Bank of England cut interest rates to 0.25 percent from its pre-Brexit 0.5 percent, instituted a £100 billion scheme to ensure that banks pass the low interest rate on to consumers, and committed to buy £60 billion of UK government bonds and GBP 10 billion of corporate bonds as a means of stimulating the economy. [read post]
18 Aug 2016, 2:24 pm
Almost 9 in 10 consumers want to be able to participate in a group lawsuit. 23 percent of consumers if faced with an issue at their bank would definitely take legal action. [read post]
