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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter - November 2021 #2

Like most industries today, Consumer Finance Services businesses are being significantly impacted by the novel coronavirus (COVID-19). Troutman Pepper has developed a dedicated COVID-19 Resource Center to guide clients...more

CFPB Issues Advisory Opinion on Name-Only Matching

On November 4, the Consumer Financial Protection Bureau (CFPB) issued an advisory opinion, stating that a consumer reporting agency (CRA) that engages in name-only matching violates the Fair Credit Reporting Act’s (FCRA)...more

Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter - November 2021

Like most industries today, Consumer Finance Services businesses are being significantly impacted by the novel coronavirus (COVID-19). Troutman Pepper has developed a dedicated COVID-19 Resource Center to guide clients...more

California Privacy Protection Agency Begins to Take Shape

The California Privacy Protection Agency (CPPA) is the first state privacy agency in the nation and was created as part of the California Privacy Rights Act (CPRA). While this agency has already been formed, it will not begin...more

Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter - October 2021 #3

Like most industries today, Consumer Finance Services businesses are being significantly impacted by the novel coronavirus (COVID-19). Troutman Pepper has developed a dedicated COVID-19 Resource Center to guide clients...more

Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter -October 2021 # 2

Like most industries today, Consumer Finance Services businesses are being significantly impacted by the novel coronavirus (COVID-19). Troutman Pepper has developed a dedicated COVID-19 Resource Center to guide clients...more

Delaware Court of Chancery Highlights Seriousness of Cybersecurity Concerns While Maintaining High Standard for Caremark Claims

On October 5, the Delaware Court of Chancery issued a decision in Firemen’s Retirement System of St. Louis v. Sorenson, et al., C.A. No. 2019-0965-LWW, dismissing breach of fiduciary duty claims brought against various...more

Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter -October 2021

Like most industries today, Consumer Finance Services businesses are being significantly impacted by the novel coronavirus (COVID-19). Troutman Pepper has developed a dedicated COVID-19 Resource Center to guide clients...more

JPML Articulates Limitations for Consolidation in Geico Data Breach Litigation

Despite overlap of alleged putative nationwide class definitions, the Judicial Panel on Multidistrict Litigation (JPML) denied Geico’s attempt to consolidate five class-action lawsuits arising from a data breach notification...more

More Privacy, Please - October 2021

Do you want a simple way to keep current on important privacy changes? Avoid sleepless nights wondering whether you missed a privacy speed bump or pothole between annual updates? Worry no longer. Troutman Pepper is pleased to...more

Sued for a Data Breach Out of State? Don't Forget a Personal Jurisdiction Defense

Entities sued for a data breach – even one that is consolidated into a multidistrict litigation proceeding in the defendant’s home state – should not forget the personal jurisdiction defense, which can provide a powerful tool...more

Illinois, We Have a Problem: Judge Refuses to Dismiss IRPA Privacy Claim Against RocketReach

A U.S. district judge in Illinois recently denied a motion to dismiss in a class action involving an alleged violation of the Illinois’ Right of Publicity Act (IRPA). The court determined that the defendant’s arguments were...more

Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter - September 2021 #4

Like most industries today, Consumer Finance Services businesses are being significantly impacted by the novel coronavirus (COVID-19). Troutman Pepper has developed a dedicated COVID-19 Resource Center to guide clients...more

New UK Standards for Children's Digital Services Take Effect — Provides Framework for New US Law

Earlier this month, the U.K.’s Age-Appropriate Design Code (referred to as the “Children’s Code”) took effect. The Children’s Code is not a law per se, but rather a set of 15 flexible standards that apply to online services,...more

Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter - September 2021 #3

Like most industries today, Consumer Finance Services businesses are being significantly impacted by the novel coronavirus (COVID-19). Troutman Pepper has developed a dedicated COVID-19 Resource Center to guide clients...more

Movement on All Sides Toward Broader Data Privacy and Security Oversight by FTC

Earlier this month, we reported on two Senate privacy bills reintroduced from last year’s legislative session. These reintroductions are part of a broader wave of federal privacy bills, none of which are making meaningful...more

Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter - September 2021 #2

Like most industries today, Consumer Finance Services businesses are being significantly impacted by the novel coronavirus (COVID-19). Troutman Pepper has developed a dedicated COVID-19 Resource Center to guide clients...more

The Uniform Personal Data Protection Act: A New Approach to Scoping

This July, the Uniform Law Commission (ULC) approved a final draft of the Uniform Personal Data Protection Act (UPDPA). The ULC is a nonpartisan group, which drafts model laws with the goal of widespread state adoption. One...more

More Privacy, Please - September 2021

Do you want a simple way to keep current on important privacy changes? Avoid sleepless nights wondering whether you missed a privacy speed bump or pothole between annual updates? Worry no longer. Troutman Pepper is pleased to...more

Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter - September 2021

Like most industries today, Consumer Finance Services businesses are being significantly impacted by the novel coronavirus (COVID-19). Troutman Pepper has developed a dedicated COVID-19 Resource Center to guide clients...more

U.S. Senators Reintroduce Privacy Legislation

In recent months, updated versions of the Data Protection Act of 2020 and the SAFE DATA Act have been reintroduced in the U.S. Senate. This post provides an overview of these updated privacy bills, both of which were...more

Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter - August 2021 #5

Like most industries today, Consumer Finance Services businesses are being significantly impacted by the novel coronavirus (COVID-19). Troutman Pepper has developed a dedicated COVID-19 Resource Center to guide clients...more

Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter - August 2021 #4

Like most industries today, Consumer Finance Services businesses are being significantly impacted by the novel coronavirus (COVID-19). Troutman Pepper has developed a dedicated COVID-19 Resource Center to guide clients...more

Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter - August 2021 #3

Like most industries today, Consumer Finance Services businesses are being significantly impacted by the novel coronavirus (COVID-19). Troutman Pepper has developed a dedicated COVID-19 Resource Center to guide clients...more

No Standing in Data Breach Case Involving “Essentially Useless” Stolen Data

The Central District of California recently dismissed a data breach class action for lack of standing, notwithstanding evidence that the stolen data of 40 million consumers had allegedly been offered for sale on the dark web....more

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