ABA files reply brief in support of motion for summary judgment in Section 1071 lawsuit
Whether the CFPB's final rule implementing Section 1071 of the Dodd-Frank Act is unconstitutional under the Appropriations Clause and violates ...
Tag: Banking Docket
Fifth Circuit stays Judge Pittman’s order transferring case to Washington D.C.
A Fifth Circuit panel issued an order staying Judge Mark Pittman’s transfer order until Tuesday, June 18, 2024.
U.S. Supreme Court clarifies enforceability of delegation clauses in arbitration agreements
In a unanimous decision written by Justice Ketanji Brown Jackson, the U.S. Supreme Court ruled when parties agree to two ...
U.S. Supreme Court rules CFPB’s funding structure is constitutional
In a 7-2 decision written by Justice Clarence Thomas, the U.S. Supreme Court ruled the CFPB’s funding structure is constitutional.
Supreme Court decides Cantero, remands to Second Circuit to apply ‘nuanced comparative analysis’ of Barnett Bank
In a unanimous decision written by Justice Brett Kavanaugh, the U.S. Supreme Court vacated a Second Circuit decision ruling the ...
ABA files coalition amicus brief urging Third Circuit to reject CFPB’s expansive FCRA interpretation
ABA filed a coalition amicus brief urging the Third Circuit to reject the Consumer Financial Protection Bureau’s attempt to expand ...
Fifth Third Bank sued over Return Deposit Item Fees
Three customers sued Fifth Third alleging it unlawfully charged consumers Return Deposit Item Fees for attempting to deposit bounced checks.
New York federal court denies Coinbase motion for judgment over SEC enforcement actions
A Manhattan federal court denied Coinbase’s motion for judgment on the pleadings in the Securities and Exchange Commission’s lawsuit alleging ...
Michigan federal court dismisses overdraft fee maximization lawsuit against Flagstar Bank
A Michigan federal court granted Flagstar’s motion for summary judgment in a lawsuit alleging it unlawfully charged its customers overdraft ...
Minnesota federal court dismisses Minnesota Bankers Association’s NSF fees lawsuit
A Minnesota federal district court dismissed the Minnesota Bankers Association’s and Lake Central Bank’s lawsuit challenging the FDIC’s supervisory guidance ...
