Merger Would Harm Seniors Relying on Medicare Advantage and Low-Income Families and Individuals Obtaining Insurance on Public Exchanges Washington, DC–(ENEWSPF)–January 23, 2017. Judge John D. Bates of the District Court for the District of Columbia issued a decision today that found in favor of the Justice Department in its civil[Read More…]
Federal and International
Consumer Financial Protection Bureau Orders CITI Subsidiaries to Pay $28.8 Million for Giving the Runaround to Borrowers Trying to Save Their Homes
Mortgage Servicers Kept Borrowers in the Dark About Options, Demanded Excessive Paperwork Washington, D.C. –(ENEWSPF)–January 23, 2017. The Consumer Financial Protection Bureau (CFPB) today took separate actions against CitiFinancial Servicing and CitiMortgage, Inc. for giving the runaround to struggling homeowners seeking options to save their homes. The mortgage servicers[Read More…]
Supreme Court News: Texas’s Strict Photo ID Law Still Blocked
High Court Declines to Hear Case, Letting Appeals Court Decision Striking Down Discriminatory ID Law to Still Stand Washington, D.C. –(ENEWSPF)–January 23, 2017. The U.S. Supreme Court announced today it will not hear arguments at this time over Texas’s strict photo ID law, which the full Fifth Circuit Court of Appeals struck down[Read More…]
President Obama Grants Clemency to an Additional 330 People in Final Round of Commutations, Jan. 19, 2017
Source: prisonhandbook.com Advocates will push next Administration on Sentencing Reform Washington, DC–(ENEWSPF)–January 19, 2017. Today, President Barack Obama commuted the sentences of 330 more people incarcerated in federal prison for drug offenses. This brings the number of prisoners who have been granted clemency under President Obama to 1,715. The commutations[Read More…]
Consumer Financial Protection Bureau Sues TCF National Bank for Tricking Consumers into Costly Overdraft Service
Bank Obscured Fees, Adopted Loose Definition of Consent to Preserve Overdraft Revenue WASHINGTON, D.C. –(ENEWSPF)–January 19, 2017. Today the Consumer Financial Protection Bureau (CFPB) is suing TCF National Bank for tricking consumers into costly overdraft services. Banks cannot charge overdraft fees on one-time debit purchases and ATM withdrawals without a[Read More…]
Volkswagen AG Agrees to Plead Guilty and Pay $4.3 Billion in Criminal and Civil Penalties; Six Volkswagen Executives and Employees are Indicted in Connection with Conspiracy to Cheat U.S. Emissions Tests
VW to Pay $2.8 Billion Criminal Fine in Guilty Plea and $1.5 Billion Settlement of Civil Environmental, Customs and Financial Violations; Monitor to Be Appointed to Oversee the Parent Company Washington, DC–(ENEWSPF)–January 11, 2017. Volkswagen AG (VW) has agreed to plead guilty to three criminal felony counts and pay a[Read More…]
FTC Sends Checks to Nearly 350,000 Victims of Herbalife’s Multi-Level Marketing Scheme
Business Blog provides lessons from the FTC’s Herbalife and Vemma cases Washington, DC–(ENEWSPF)–January 10, 2017. The Federal Trade Commission is mailing checks to nearly 350,000 people who lost money running Herbalife businesses. The checks are the result of a July 2016 settlement with the FTC that required Herbalife to pay[Read More…]
Consumer Financial Protection Bureau Takes Action Against Two Law Firms for Misrepresenting Attorney Involvement to Collect on Medical Debts
Bureau Orders Medical Debt Collection Law Firms and their President to Refund $577,135 to Consumers WASHINGTON, D.C. –(ENEWSPF)–January 9, 2017. Today the Consumer Financial Protection Bureau (CFPB) is taking action against two medical debt collection law firms and their president for falsely representing that letters and calls were from attorneys[Read More…]
South Bend Man Sentenced to 528 Months Imprisonment
South Bend, IN-(ENEWSPF)- United States Attorney for the Northern District of Indiana, David Capp, announced that Lindani Mzembe, 32, of South Bend, Indiana was sentenced to imprisonment before South Bend District Court Judge Robert Miller, Jr. for kidnapping, making a ransom demand, discharging a firearm during a crime of violence[Read More…]
CFPB Orders TransUnion and Equifax to Pay $23.1 Million for Deceiving Consumers in Marketing Credit Scores and Products
Credit Reporting Companies Misstated the Cost and Usefulness of the Credit Scores and Products They Sold, Lured Consumers into Costly Recurring Payments Washington, D.C. –(ENEWSPF)–January 3, 2017. The Consumer Financial Protection Bureau (CFPB) today took action against Equifax, Inc., TransUnion, and their subsidiaries for deceiving consumers about the usefulness and[Read More…]
