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Financial Institutions › Civil Monetary Penalty › Telemarketing

Orrick, Herrington & Sutcliffe LLP

District court approves CFPB’s $43M penalty against company owner

Orrick, Herrington & Sutcliffe LLP on

On May 1, the U.S. District Court for the Northern District of Illinois approved the CFPB’s request for restitution and a civil monetary penalty against a defendant for violations of the CFPA and the Telemarketing Sales Rule....more

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