News & Analysis as of

California Consumer Protection Laws Settlement

Sheppard Mullin Richter & Hampton LLP

DFPI Orders Mortgage Lender to Pay $2.3 Million for Per Diem Interest Overcharges

On August 18, the California Department of Financial Protection and Innovation (DFPI) announced a $2.3 million settlement with a former mortgage lender and servicer for alleged violations of the California Residential...more

Sheppard Mullin Richter & Hampton LLP

CFPB Moves Forward with Debt Relief Suit Over $3.4M in Alleged Advance Fees

On June 10, the CFPB moved to reopen its 2021 enforcement action against the final remaining defendant in a student debt relief case involving over $3.4 million in alleged illegal advance fees. The Bureau, under Acting...more

Kelley Drye & Warren LLP

Jury Awards Tea Drinkers $2.36 Million in Made in USA Dispute

In 2020, plaintiffs filed a class action complaint in California federal court against Bigelow Tea, alleging that the company falsely represents that its teas are made in the United States, when the tea leaves are actually...more

Sheppard Mullin Richter & Hampton LLP

California DFPI Reaches Settlement with Lender Over Crypto-Backed Loans

On December 23, 2024, the California Department of Financial Protection and Innovation (DFPI) announced a consent order with a lender to resolve its investigation into the company’s crypto-backed lending program, which the...more

White & Case LLP

California Attorney General Bark Turns to Bite as First CCPA Settlement Includes Monetary Penalty

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In a long anticipated development, on August 24 California Attorney General Rob Bonta ("Cal AG") announced the state's first monetary penalty under the California Consumer Privacy Act ("CCPA"), in a settlement with the beauty...more

Sheppard Mullin Richter & Hampton LLP

California and Georgia Reach Settlement with Rent-to-Own Companies

In two unrelated settlements, the California DFPI and Georgia attorney general each recently settled with rent-to-own companies. In the California settlement that was announced on January 10, the DFPI settled with a Los...more

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