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Dec 24, 2024 | 
jdsupra.com | Alan D. Wingfield
To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week:Federal ActivitiesState ActivitiesFederal Activities: On December 20, the Biden-Harris administration announced the approval of an additional $4.28 billion in student debt relief for nearly 55,000 public service workers, bringing the total approved relief to almost $180 billion for 4.9 million borrowers.
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Dec 18, 2024 | 
jdsupra.com | Alan D. Wingfield
To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week:Federal ActivitiesFederal Activities: On December 16, the Consumer Financial Protection Bureau (CFPB) released a special edition of its Supervisory Highlights, focusing on illegal practices in student loan refinancing, servicing, and debt collection.
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Dec 11, 2024 | 
jdsupra.com | Alan D. Wingfield
To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week: Federal Activities State Activities Federal Activities: On December 6, the U.S. District Court for the Northern District of Texas denied the Consumer Financial Protection Bureau’s (CFPB) motions to dismiss the Fort Worth Chamber of Commerce, transfer the case to the District of Columbia, and dissolve the...
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Sep 19, 2024 | 
jdsupra.com | David Anthony |Alan D. Wingfield
According to a recent report by WebRecon, court filings under the Fair Credit Reporting Act (FCRA) and Telephone Consumer Protection Act (TCPA) were down for the month of July, but filings the under Fair Debt Collection Practices Act (FDCPA) and complaints filed with the Consumer Financial Protection Bureau (CFPB) were up for the month.
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Sep 18, 2024 | 
lexology.com | David Anthony |Alan D. Wingfield
According to a recent report by WebRecon, court filings under the Fair Credit Reporting Act (FCRA) and Telephone Consumer Protection Act (TCPA) were down for the month of July, but filings the under Fair Debt Collection Practices Act (FDCPA) and complaints filed with the Consumer Financial Protection Bureau (CFPB) were up for the month.
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Sep 9, 2024 | 
jdsupra.com | Christopher J. Capurso |Brooke Conkle |Alan D. Wingfield
A recent ruling by the U.S. Court of Appeals for the Seventh Circuit affirming a decision compelling arbitration provides a “how to” guideline for using online terms and conditions to form a binding agreement. In Domer v. Menard, Inc., the plaintiff filed a putative class action lawsuit alleging that the defendant manipulated its prices by failing to disclose a $1.40 pickup service fee for her online order of a can of paint.
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Aug 30, 2024 | 
today.westlaw.com | Alan D. Wingfield |Joe Reilly |Brooke Conkle |Chris Capurso
(September 24, 2024) - Alan Wingfield, Joe Reilly, Brooke Conkle and Chris Capurso of Troutman Pepper highlight a New Hampshire law regulating automotive sales and finance companies. Any business involved in motor vehicle installment financing in New Hampshire needs to assess the multiple and significant changes to a key law that have been enacted with immediate effect.
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Aug 28, 2024 | 
jdsupra.com | Virginia Bell Flynn |Brooke Conkle |Alan D. Wingfield
On August 27, the Federal Trade Commission (FTC) announced an update to the fees telemarketers must pay to access phone numbers on the National Do Not Call (DNC) Registry for the fiscal year 2025. The revised fees will take effect on October 1, 2024. Key Changes in the Fee Structure: Single Area Code Access: The cost for telemarketers to access a single area code in the registry will increase to $80, up from $78 in FY 2024.
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Aug 26, 2024 | 
lexology.com | Virginia Bell Flynn |Brooke Conkle |Ethan G. Ostroff |Alan D. Wingfield
In a recent ruling, a U.S. District Court for the Central District of California granted a defendant’s motion to dismiss a complaint brought under the Telephone Consumer Protection Act (TCPA). The complaint alleged that the plaintiff received multiple communications from the defendant despite not having provided prior consent and being on the National Do-Not-Call Registry.
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Aug 20, 2024 | 
lexology.com | David Anthony |Kalama Lui-Kwan |Jeremy T. Rosenblum |Alan D. Wingfield |Mary C. Zinsner
In a recent decision, the U.S. District Court for the Eastern District of Virginia denied a retailer’s motion to compel individual arbitration of a claim brought in a putative class action lawsuit. The complaint alleges that the retailer used deceptive sales tactics to induce the plaintiff to make an unnecessary online purchase.
