Attorney General Consumer Protection News: December 2022
Multistate Actions Led by Arizona Attorney General Mark Brnovich, Colorado Attorney General Phil Weiser, Connecticut Attorney General William Tong, and Iowa Attorney General Tom Miller, a bipartisan group of 34 attorneys general urged the U.S. Department of Transportation (USDOT) to improve consumer protection rules for airline passengers. The letter calls on USDOT to strengthen protections for…
Federal Agency and Other Consumer Protection News: December 2022
Consumer Financial Protection Bureau The Consumer Financial Protection Bureau (CFPB or Bureau) is ordering Wells Fargo Bank to pay more than $3.7 billion to resolve claims of widespread mismanagement of auto loans, mortgages, and deposit accounts. The consent order requires payment of $2 billion in redress for almost 16 million consumer accounts and a $1.7…
Federal Agency and Other Consumer Protection News: November 2022
Consumer Financial Protection Bureau The Consumer Financial Protection Bureau (CFPB) and New York Attorney General Letitia James took action against companies that allegedly took advantage of 9/11 victims. RD Legal Funding, two related entities, and the companies’ founder and owner, Roni Dersovitz, allegedly engaged in deceptive and abusive acts in connection with offering cash advances…
Attorney General Consumer Protection News: November 2022
Multistate Actions A bipartisan executive committee of attorneys general from 13 states confirmed agreements in principle with CVS Health and Walgreens which could provide more than $10.7 billion to states and local governments. CVS expects to provide $5 billion in payments over 10 years, while Walgreens would make $5.7 billion in payments over 15 years…
51 Attorneys General Support FCC Proposal to Require Anti-Robotext Protections
The National Association of Attorneys General (NAAG) sent a letter on behalf of 51 state and territory attorneys general to the Federal Communications Commission (FCC) in response to a request for comments on an FCC proposal to help cut down on unwanted text messages. In the letter, the AGs express their support for the proposal,…
Attorney General Consumer Protection News: October 2022
Multistate Actions Led by Minnesota Attorney General Keith Ellison, a bipartisan coalition of 35 attorneys general filed an amicus brief in the U.S. Tenth Circuit Court of Appeals supporting Oklahoma’s laws that regulate pharmacy benefit managers (PBMs). Oklahoma’s laws are being challenged, on ERISA preemption grounds, in the latest lawsuit filed by the PBM industry’s national lobbying association,…
Federal Agency and Other Consumer Protection News: October 2022
Consumer Financial Protection Bureau The Consumer Financial Protection Bureau (CFPB) entered into a consent order with Choice Money Transfer doing business as Small World Money Transfer for alleged multiple violations of the Remittance Transfer Rule and the Electronic Fund Transfer Act. The CFPB alleged the company did not accurately disclose prepayment information to remittance senders,…
NAAG to Host 2022 Consumer Protection Fall Conference
WHO: The National Association of Attorneys General (NAAG) invites members of the press to attend the public portion of its 2022 Consumer Protection Fall Conference. WHAT: The 2022 Consumer Protection Fall Conference will bring together members of the private, nonprofit, and government sectors for discussions and panels on the latest in consumer protection, as well…
NAAG to Host Annual NAAG/NASCO Charities Conference
WHO: The National Association of Attorneys General (NAAG) invites members of the press to attend the public day of its 2022 NAAG/NASCO Charities Conference. WHAT: The 2022 NAAG/NASCO Charities Conference will provide an opportunity for charity regulators and nonprofit organizations and their attorneys, accountants, fundraisers, and advisers to meet and discuss the latest issues of…
Federal Consumer Protection News: September 2022
Consumer Financial Protection Bureau The Consumer Financial Protection Bureau (CFPB) has ordered Regions Bank to pay $50 million into the CFPB’s victims relief fund and to refund at least $141 million to customers harmed by allegedly illegal surprise overdraft fees. According to the consent order resolving the matter, from August 2018 through July 2021, Regions…
