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National Law Journal

Law Firm, Fighting CFPB Subpoena, Urges Court to End 'Fishing Expedition'

A California law firm on July 21 blasted a recent subpoena from the Consumer Financial Protection Bureau as "nothing more than an unwarranted and impermissible fishing expedition," in a brief that also called for eliminating the agency on the grounds that its independent, single-director structure violates the Constitution.
5 minute read

National Law Journal

Delay. Delay. Delay. How Trump's Agencies Want to Kill Rules

Chopping down Washington's "dense thicket of rules, regulations and red tape," as President Donald Trump described it in June, doesn't always come so easily—or quickly. For a number of other regulations, the Trump administration has been playing the delay game.
13 minute read

National Law Journal

Wells Fargo Whistleblower in Sham-Accounts Scandal Wins Reinstatement, Back Pay

The U.S. Department of Labor on Friday ordered Wells Fargo & Co. to reinstate a former branch manager fired for blowing the whistle on three subordinates who were opening new accounts for customers without their knowledge—the conduct at issue in the bank's $185 million settlement last year with federal regulators and the Los Angeles City Attorney's Office.
14 minute read

National Law Journal

SEC Whistleblowers in Line for Windfall, and FTC Probes Amazon: Roundup

The Trump administration is touting the number of federal regulations that are on the chopping block. Exxon Mobil Corp.'s suing the U.S. Treasury Department over a $2 million fine for violating Russia sanctions. The Federal Trade Commission's looking at Amazon.com's discounting practices. And financial regulators appear to be pulling back on a plan to restrict Wall Street bonuses. This is a weekly roundup from ALM and around the web.
5 minute read

Daily Business Review

US Hotel, NFL Arena May Sport Grenfell Tower Flammable Panels

In promotional brochures, a U.S. company boasted of the "stunning visual effect" its shimmering aluminum panels created in an NFL stadium, an Alaskan high school and a luxury hotel along Baltimore's Inner Harbor that "soars 33 stories into the air." Those same panels — Reynobond composite material with a polyethylene core — also were used in the Grenfell Tower apartment building in London. British authorities say they're investigating whether the panels helped spread the blaze that ripped across the building's outer walls, killing at least 80 people.
15 minute read

National Law Journal

Is Washington, DC, the Nation's Next 'Food Court'?

A nonprofit group represented by a longtime plaintiffs lawyer is challenging Mott's applesauce in a case that could be a sign of things to come.
5 minute read

New York Law Journal

Tort-Reform Group Champions Bill to Regulate Certain Litigation Funders

A tort-reform business group is pushing for a bill that would regulate the third-party consumer litigation funding industry in New York state, despite the end of the legislative session for the year.
6 minute read

New Jersey Law Journal

Estrada v. Johnson & Johnson

No Injury-in-Fact on Benefit of the Bargain Theory Based on Manufacturer's Omission in Absence of Affirmative Duty to Disclose
3 minute read

New Jersey Law Journal

Susinno v. Work Out World, Inc.

Single Phone Call Was Sufficiently Concrete Injury for Standing Where Elevated to Legally Cognizable Harm by Act of Congress
5 minute read

New Jersey Law Journal

Suit vs. Collection Attorney Passes 'Spokeo' Test, Judge Says

A putative class action based on a collection letter's alleged misinformation about the debt's effects on credit rating is headed to discovery, thanks to a Newark federal judge's holding that the claimed "informational injury" is sufficient for standing.
10 minute read

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