APPEALS COURT TOSSES OUT OWN PRECEDENT IN OVERTURNING $5 MILLION FINE
- The Seventh Circuit Court of Appeals has overturned a ruling from a lower court that fined the owner of a credit monitoring service $5 million for engaging in deceptive acts after it was sued by the Federal Trade Commission, in what is considered to be a stunning rebuke of a federal agency’s authority.
LAW PROF. NOTES RIGHT TO VERIFY DEBT NOT INCLUDED IN PROPOSED RULE’S MODEL VALIDATION NOTICE
- A law professor who specializes in consumer protection issues has raised some concerns about whether the Consumer Financial Protection Bureau’s proposed debt collection rule provides a notification of the right for a consumer to receive verification of a debt when using the proposed rule’s model validation notice.
JUDGE GRANTS MSJ FOR DEFENSE OVER CEASE CONTACT REQUET SENT TO AGENCY AFFILIATE
- A District Court judge in Illinois has granted a defendant’s motion for summary judgment after it was sued for violating the Fair Debt Collection Practices Act by continuing to contact a plaintiff after the plaintiff’s attorney had sent an online message to stop doing so, because the message was sent to an affiliate of the collection agency and not the agency itself.
REP. DUFFY, KEY REPUBLICAN ON FIN’L SERVICES COMMITTEE, ANNOUNCES RESIGNATION
- Rep. Sean Duffy [R-Wisc.], a senior member of the House Financial Services Committee, announced yesterday he is resigning from Congress to spend more time with his family.
CONIFER CLOSING TACOMA OFFICE, LAYING OFF 169 EMPLOYEES
- Conifer Health Solutions has announced its plan to close an office in Tacoma, Wash., and lay off 169 employees.
WORTH NOTING: The debate over the right amount of screen time for teenagers … I tried to get my kids to watch an episode of “The Brady Bunch” this weekend and it didn’t go over well … For people who like to wear sunglasses … The hardest and least-hardest working states … It could be a really rough winter this year … The hole that will be left in the wake of Andrew Luck’s retirement could be very large … A startup wants to help you find a place even if you don’t have an address … Why you should replace your oven with a waffle maker.
Because “Star Wars” rules
My kids love this guy
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