In Case You Missed It: Consumer Financial Services Law Monitor - March in Review
We have posted several new topics to the Consumer Financial Services Law Monitor blog throughout the month of March. To read further, click on the titles below:
Featured Posts / Client Alerts
Proposed Venmo Settlement Shows FTC is Paying Attention to Peer-to-Peer Payments
Department of Education Argues for Preemption of State Regulation of Student Loan Servicers
D.C. Circuit Issues Highly Anticipated Ruling in Telephone Consumer Protection Act Appeal
Second Circuit Rules Debt Collectors Need Not Disclosure Absence of Interest and Fees
Background Screening
Former Employees Hit Naples Hotel Group with FCRA Class Action Over Background Checks
Washington Governor Signs New “Ban-the-Box” Law
Class Actions
Credit Reporting & Data Brokers
DirecTV Hit with FCRA Class Action Over Alleged Impermissible Hard Credit Pulls
In Virginia, Fee Cap Halved for Credit Report Security Freezes
Ninth Circuit Sides with Taxi Defendants in FACTA Class Action, Citing Spokeo
Cybersecurity, Information Governance & Data Privacy
Trend Persists in Article III Standing Under Illinois’ Biometric Information Privacy Act
Talk About an Electric Shock – Power Company Fined $2.7M After Data Breach
Debt Buyers and Collectors
New York Federal Court Denies Motion to Dismiss “Current Balance” Claims Under FDCPA
State Attorneys General, CFPB & FTC
Court Rules that Small Loan Companies are Exempt from Virginia Consumer Protection Act
FTC Issues Annual Report on Consumer Complaint Data
Ninth Circuit Rules District Attorney Can Retain Private Counsel to Pursue Civil Penalty Claims
All Quiet on the CFPB Enforcement Front
District Court Rebuffs Student Loan Servicer’s Attempt to Quash CFPB’s Investigative Demand
Many States Can Revoke Professional and Other Licenses as Means of Collecting Unpaid Student Loans
What the Budget Deal Passed by Congress Actually Does: Student Loan Edition
Two Industry Proposals Aim to Relax Federal Government’s Primacy in Student Loan Market
Student Lending
District Court Rebuffs Student Loan Servicer’s Attempt to Quash CFPB’s Investigative Demand
Many States Can Revoke Professional and Other Licenses as Means of Collecting Unpaid Student Loans
What the Budget Deal Passed by Congress Actually Does: Student Loan Edition
Two Industry Proposals Aim to Relax Federal Government’s Primacy in Student Loan Market
TCPA
FCC Plans Database of Reassigned Phone Numbers
Federal Court Rules “Send to Phone” Feature Does Not Violate TCPA
Events
April 10: Credit and Collection News Annual Conference
April 15-17: NAPBS Mid-Year Conference
April 17: Complimentary Webinar - Game-Changers in Consumer Class Actions
April 24: Complimentary Webinar - Effective Cyber Risk Management: Overcoming Common Mistakes
April 25: NAPBS Webinar - Updates: A Case Study & Legal Developments in Background Screening