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Tag: Class-Action Lawsuits

The CFPB on Tuesday announced a final rule that would lower most credit card late fees to $8. (Flickr)
Op-Eds

CFPB’s Richard Cordray wants to replace arbitration with a broken class-action system

Lisa Rickard -
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The CFPB has also put on hold plans to conduct on-site tests to examine how Equifax protects its data, and has rejected requests from regulators at other agencies to help. (AP Photo/Mike Stewart)
Economy

Equifax hack likely makes it harder for Republicans to kill rule allowing class-action lawsuits

Joseph Lawler -
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Aetna is facing a class action lawsuit after it inadvertently revealed that about 12,000 of its customers have HIV. (AP Photo/Bill Sikes)
News

Aetna sued after inadvertently revealing HIV information

Robert King -
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CFPB Director Richard Cordray argued Tuesday that consumers should be able to sue banks as a group, and should be freed from financial contracts that prevent them from doing so. (AP Photo/Brennan Linsley)
News

Obama holdover Richard Cordray: Allow class-action suits against banks

Pete Kasperowicz -
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Food marketing class actions increased from less than 20 in 2008 to nearly 100 in federal courts in 2015. The most recent example is a lawsuit slapped on Pret A Manger for
Business

How lawmakers can prevent abusive ‘slack-fill’ lawsuits

Sherman Joyce -
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Keith Noreika, acting comptroller of the currency, said he is concerned that the new rule could have unintended consequences. (Andrew Harrer/Bloomberg)
Economy

CFPB class-action rule may be straw that broke camel’s back for banks, regulator says

Joseph Lawler -
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Lawmakers voted to undo the agency's rule that restricts banks and other financial firms from preventing customers from joining in class-action lawsuits. (AP Photo/Steve Helber, File)
Economy

House votes to cancel CFPB rule favoring class-action suits in finance

Joseph Lawler -
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The White House indicated Trump would sign the resolution, saying the
Economy

House moves to kill CFPB rule supporting class-action lawsuits against financial firms

Joseph Lawler -
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Republicans hope to stop the bureau from liberalizing class-action lawsuits for financial products. (Graeme Jennings/Examiner)
Economy

Republicans launch Congressional Review Act challenge to CFPB class-action rule

Joseph Lawler -
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Economy

CFPB tells Trump bank appointee: No reason to review pro-class-action rule

Joseph Lawler -
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