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By Tony Mauro | May 1, 2017
A mixed-bag ruling by the U.S. Supreme Court on Monday gives ammunition to both sides in litigation between cities and banks over the impact of predatory lending practices on local communities.
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By Tony Mauro | May 1, 2017
A divided U.S. Supreme Court on Monday ruled that Miami has standing to sue banks over alleged discriminatory lending practices of banks—but it must meet a high bar to establish causation.
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By C. Ryan Barber | April 27, 2017
Ocwen Financial Corp., the mortgage loan servicer fighting a new Consumer Financial Protection Bureau lawsuit, has turned to an unlikely source for help: the U.S. Justice Department. In a federal court filing styled as a motion "to invite the views of the attorney general of the United States," the company on Wednesday took the remarkable step of asking the Justice Department to weigh in on the side of a corporation fighting another federal agency.
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By Stephanie Forshee | April 26, 2017
State banking regulators are taking the Office of the Comptroller of the Currency to court over its proposal to establish a special-purpose national bank charter for financial technology companies.
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By Sue Reisinger | April 26, 2017
A whistleblower who tipped the agency with information about serious securities misconduct—which was not identified by the U.S. Securities and Exchange Commission—was rewarded with a $4 million award.
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By Scott Flaherty | April 25, 2017
A lawyer for former Dewey & LeBoeuf executive director Stephen DiCarmine on Tuesday sought to inject doubt in the minds of jurors nearing a potential verdict in the long-running criminal case over the firm's demise.
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By Lizzy McLellan | April 25, 2017
Pepper Hamilton partner M. Kelly Tillery's use of his firm's letterhead for collection letters did not make him or the firm a debt collector under federal law, a federal judge ruled.
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By Stephanie Forshee | April 25, 2017
Regardless of which agency oversees which type of fintech company, data security is of top concern, the report noted.
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By Stephanie Forshee | April 24, 2017
A new GAO report highlights data security as an issue for fintech and its band of many regulators.
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By Meghan Tribe | April 24, 2017
Sullivan & Cromwell snags Adam Szubin, a former acting under secretary for terrorism and financial intelligence at the Treasury Department, as of counsel for its financial services group in Washington, D.C. Szubin was a key architect of the Obama administration's controversial nuclear deal with Iran.
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McCarter & English, LLP is actively seeking a litigation associate for its office located in Newark, NJ. Three to six years of experienc...
MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS