Topic
Deceptive Practices
192 published works
Consumer Finance and Fintech Blog
CFPB Circular Targets “Deceptive” Fine Print
By A.J. Dhaliwal, Mehul Madia, Maxwell Earp-Thomas
On June 4, the CFPB issued a circular targeting the deceptive use of fine print in consumer financial contracts to include unlawful or unenforceable terms. In a press release issued…
Class Action Defense Blog
Colorado Federal Court Rejects Reconsideration Of Class Certification For A Nationwide Deceptive Practices Class As Well As State-Specific Classes
By Gerald L. Maatman, Jr., Jennifer A. Riley, Tiffany E. Alberty, and Ryan T. Garippo Duane Morris Takeaways: On May 30, 2024, In Re HomeAdvisor, Inc. Litigation, No. 16-CV-01849 (D. Colo.…
Consumer Finance and Fintech Blog
CFPB Sues Fintech for Deceptive Practices Surrounding Tipping Service
On May 17, the CFPB filed a lawsuit against a California-based fintech that operates a nationwide website and mobile-application based peer-to-peer lending platform through which consumers can obtain small-dollar, short-term…
Chicago Business Litigation Lawyer Blog
Can the Illinois Attorney General Sue my Company for Consumer Fraud?
By Peter S. Lubin, Patrick Austermuehle
Yes, the Illinois Attorney General can sue your company for consumer fraud (In re Tapper, 123 B.R. 594 (1991)), (People of State of Ill. ex rel. Hartigan v. Commonwealth Mortg. Corp.…
State AG Blog
State AG Updates: March 28 – April 3, 2024
By Toni Michelle Jackson, Suzanne Giammalva
Each week, Crowell & Moring’s State Attorneys General team highlights significant actions that State AGs have taken. Here are this week’s updates. Multistate A multistate coalition of attorneys general and…
Consumer Finance Monitor
CFPB Takes Action Against BloomTech, Inc. for ISAs that Violate TILA, UDAAP, and the FTC’s Holder Rule
By John L. Culhane, Jr., Kaley Schafer, Brian Turetsky, Ballard CFS Group
On April 17th, the CFPB issued a consent order to a for-profit training school alleging numerous violations of law related to its use if income share agreements (“ISAs”). According to…
LenderLaw Watch
FTC Files Suit Against Third-Party Bill Payment Company
By Jordan Wenik
On April 25, 2024, the FTC announced that it filed a suit against a Washington-based third-party bill payment company and two of its chief executives for engaging in allegedly deceptive and misleading practices in violation of Section 5(a) of the…
Regulatory Oversight
California AG Bonta Upholds $21M Penalty Against Ashford University Over GI Bill Errors
By Timothy McHugh, John West, Namrata Kang, Nick Ramos
In a recent ruling, the California Court of Appeal largely affirmed a lower court's decision from March 2022, finding that Ashford University (now known as University of Arizona Global Campus),…
Chicago Business Litigation Lawyer Blog
Fake Internet Reviews Can be Deceptive Practices Under UDAP Laws
By Peter S. Lubin, Patrick Austermuehle
Fake internet reviews can potentially state claims for deception under Unfair, Deceptive, or Abusive Acts or Practices (UDAAP) laws. UDAAP laws are designed to protect consumers from deceptive practices by…
Data Privacy + Cybersecurity Insider
FTC and CA AG Settle with DNA Testing Firm for Allegations of Misrepresentation
The Federal Trade Commission (FTC) and the California Attorney General teamed up against California company CRI Genetics, LLC, filing a joint complaint against the company alleging that it engaged in…