News & Analysis as of

Earned Wage Access Unfair or Deceptive Trade Practices Financial Services Industry

Orrick, Herrington & Sutcliffe LLP

District court denies earned wage access company’s motion to dismiss, class action claims to continue after finding that wage...

On September 8, the U.S. District Court for the Western District of Washington denied an earned wage access provider’s motion to dismiss claims, ruling in favor of an individual alleging the fintech company of unlawful...more

Sheppard Mullin Richter & Hampton LLP

CFPB Withdraws Dozens of Guidance Documents as Part of Deregulatory Push

On May 12, the CFPB formally withdrew nearly 70 guidance materials—including policy statements, advisory opinions, circulars, and interpretive rules—through a Federal Register notice issued by Acting Director Russell...more

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