OFR to push ahead with financial stability research tool

Judge Danny Reeves of the Eastern District of Kentucky issued a preliminary injunction preventing CFPB from enforcing its 1033 final rule

In a 2-1 decision, a Ninth Circuit panel concluded the NBA does not preempt California’s interest-on-escrow statute, relying on its prior decision in Lusnak v. Bank of America.

The U.S. Supreme Court declined to review a Fourth Circuit decision that ruled a credit union was not liable for a wire transfer in a business email compromise scam case where the credit union lacked “actual knowledge” of...

The U.S. Supreme Court declined to examine Coinbase’s appeal seeking to clarify whether the FAA preempts the McGill rule, which allowed users to evade arbitration by pleading a request for “public injunctive relief.”

The U.S. Supreme Court declined to review a Second Circuit decision that held that Halkbank was not entitled to common-law foreign sovereign immunity from criminal prosecution.

Judge David Barlow of the U.S. District Court of Utah refused to dismiss a data breach class action against Academy Mortgage Company.