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Telemarketing › Civil Monetary Penalty › Consumer Financial Products

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

Hudson Cook, LLP

CFPB Agrees to Settlement with Credit Repair Companies for $2.7 Billion And Ten-Year Industry Ban

Hudson Cook, LLP on

In May 2019, the CFPB initially sued six associated companies for allegedly violating the Consumer Financial Protection Act's prohibition against deceptive practices and the Telemarketing Sales Rule ("TSR")....more

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