Supreme Court rules district court must stay proceedings pending appeal of arbitration denial
In a 5-4 decision written by Justice Brett Kavanaugh, the U.S. Supreme Court ruled a district court must stay its ...
Tag: Banking Docket
Seventh Circuit determines time, effort and cost support FDCPA standing
In a 3-0 decision, a Seventh Circuit panel ruled the time, effort and costs expended to dispute a credit card ...
OneMain agrees to pay $20M to resolve CFPB claims
OneMain agreed to pay $20 million to resolve CFPB claims it used high pressure sales tactics to deceive borrowers about ...
ABA, trade groups file amicus brief urging Supreme Court to reverse ADA testers ruling
ABA and a group of trade associations filed an amicus brief urging the U.S. Supreme Court to rule ADA testers ...
ABA, U.S. Chamber of Commerce file amicus brief urging Tenth Circuit to reverse associational standing decision
The brief urges the Tenth Circuit to reverse a district court decision ruling organizations must specifically name their members, rather ...
Seventh Circuit affirms FDCPA case over misleading letters
In a 2-1 decision, a divided Seventh Circuit panel dismissed an individual’s FDCPA lawsuit against debt collector National Credit Systems ...
Ohio federal jury finds Fifth Third Bank owes no damages in $444M cash advance suit
An Ohio federal jury rejected class plaintiffs’ $444 million breach of contract claim related to the bank’s Early Access Cash ...
ABA joins 1071 lawsuit
ABA joined the Texas Bankers Association and Rio Bank lawsuit to block the CFPB from implementing its 1071 final rule.
Cross River Bank enters consent order with FDIC over fair lending compliance practices
Cross River Bank entered a consent order with the FDIC to resolve claims the bank engaged in unsafe or unsound ...
U.S. Supreme Court settles circuit split, rules IRS may summons bank information without account holder notice
In a unanimous decision written by Justice John Roberts, the U.S. Supreme Court ruled IRS need not provide notice to ...
