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Corporate Counsel

Departing FTC Consumer Protection Chief Talks 26-Year Career, and Change Ahead

The FTC's Jessica Rich spearheaded rules protecting children's online privacy and sensitive financial information. And as the chief of the consumer protection bureau, she oversaw a $200 million settlement with Herbalife and took enforcement actions against Apple Inc. and Amazon Inc. After 26 years at the agency, she's leaving. But not retiring. We caught up with Rich this week about her long career—what's up next.
23 minute read

National Law Journal

Hensarling Memo Reveals Plan to Gut the CFPB's Power

The power of the Consumer Financial Protection Bureau would be severely curtailed under changes in a Dodd-Frank overhaul bill being contemplated by House Financial Services Chairman Jeb Hensarling, R-Texas.
6 minute read

Litigation Daily

White Knight David Boies Takes on Backpage.com and Sex Traffickers

Working pro bono, Boies Schiller Flexner and Legal Momentum filed suits in Arizona and Florida federal courts against Backpage and its owners for participating in the trafficking of children and young adults for sex. Why they may succeed where others have failed.
24 minute read

New Jersey Law Journal

AG Alleges Scam of Victims of 9/11, NFL Concussions

By | February 07, 2017
New York Attorney General Eric Schneiderman and the federal Consumer Financial Protection Bureau allege New Jersey-based RD Legal Funding and its founder Roni Dersovitz lured sick 9/11 responders and former NFL players with brain injuries into costly advances on their settlements, charging interest rates as high as 250 percent.
5 minute read

National Law Journal

ABA's Rejection of Stricter Bar-Pass Rule Draws Support, Criticism

Many law deans applauded the proposal's failure, citing a need for further study on the rule's impact. But consumer advocates said it will further enable law schools to admit unqualified students.
12 minute read

The Legal Intelligencer

Vizio Settlement Highlights FTC Strategy for Consumer Internet of Things Privacy, Security

The action against the smart TV manufacturer's surreptitious data collection demonstrates legal challenges posed by internet of things devices.
10 minute read

The Legal Intelligencer

Medina v. Allianceone Receivables Mgmt., Inc., PICS Case No. 17-0142 (E.D. Pa. Jan. 19, 2017) Bartle, J. (10 pages).

By | February 07, 2017
Defendant's challenges to plaintiff's action, alleging violation of the Fair Debt Collection Practices Act, for lack of subject matter jurisdiction or judgment on the pleadings failed because under the least sophisticated debtor standard, a fact finder could easily find the defendant's letter regarding reporting of debt relief to the IRS deceptive and the harm involved was a de facto injury that the FDCPA was enacted to redress. Motion denied.
4 minute read

The Legal Intelligencer

In Re Vehicle Carrier Servs. Antitrust Litig., PICS Case No. 17-0137 (3 Cir. Jan. 18, 2016) Schwartz, J. (36 pages).

By | February 07, 2017
District court properly dismissed plaintiffs' antitrust and state law consumer protection claims in plaintiffs' action against ocean common carriers over alleged price fixing agreements. Affirmed.
6 minute read

Litigation Daily

What's It Worth If Your TV Spies on You? About 17 Cents

Electronics maker Vizio surreptitiously captured second-by-second viewing data of customers who bought 11 million of its internet-connected televisions. But as a Vizio TV owner, the settlement with the Federal Trade Commission and New Jersey AG leaves much to be desired.
15 minute read

National Law Journal

White House Slams CFPB as Trump Moves to Roll Back Financial Reforms

As President Donald Trump on Friday signed an executive order directing a review of the Dodd-Frank Act, the White House criticized the Consumer Financial Protection Bureau as an “unaccountable and unconstitutional new agency.”
7 minute read

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