On Halloween, ghosts and goblins parade the streets and doorsteps of our neighborhoods, and the boundaries between the corporeal and spiritual worlds are temporarily blurred. Recently, the Ninth Circuit resurrected a century-old question: Can you sue a dead person?
October brings a new Supreme Court term, but October 2020 has not brought only a new term but also a new justice, the third new justice to join the high court in less than four years.
Lawyers now occupy seats on three-quarters of U.S. bank boards, and new evidence suggests their rapid rise is linked to improved risk management and increases in bank valuation.
In recent years, high-profile class action settlements have been criticized for delivering little to no monetary relief to plaintiffs, instead, providing coupons, injunctive relief or “cy pres” relief in which the defendant makes charitable donations, while making large fee awards to attorneys.
The American Bankers Association joined a coalition of trade associations today in filing a friend-of-the-court brief urging the Supreme Court to interpret the Telephone Consumer Protection Act to ensure that customers can receive important communications from their banks and other companies with whom they do business.
Banks and other financial institutions have been “strong partners” in assisting the Department of Justice and law enforcement detect and investigate potential fraud connected to the Small Business Administration’s Paycheck Protection Program, Acting Assistant Attorney General Brian Rabbitt noted in a press conference today.
The Department of Housing and Urban Development today finalized its revised standard for bringing “disparate impact” claims under the Fair Housing Act.
When can entire organizations be held liable for the actions of a single employee? Aligning your compliance program with federal guidelines will help protect your customers, shareholders and employees and will strengthen your overall compliance program for years to come.
Noting the rapid technological transformation of financial services, the Justice Department’s Antitrust Division today requested public comments on whether and how it should revise its guidelines—virtually unchanged since 1995—for reviewing the competitive effects of bank mergers.