CLASS-ACTION ACCUSES COLLECTOR OF USING INCORRECT ITEMIZATION, VALIDATION DATES IN MVN
- Regulation F requires collectors to give consumers 30 days to request validation of a debt with the clock starting to tick five days — excluding legal holidays, Saturdays, and Sundays — after a notice is sent. But counting those days can be tricky at times, like during the holiday season, especially when the holidays are on weekends, which is what happened back in 2022. A class-action complaint has been filed against a collector for allegedly not providing a validation period that meets what is required under Regulation F.
- More details here.
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JUDGE RULES SETTLEMENT DOES NOT ENTITLE PLAINTIFF TO ATTORNEY’S FEES
- Obtaining a settlement in a Fair Debt Collection Practices Act case does not necessarily make you the prevailing party and entitle you to attorney’s fees, a District Court judge in Texas has ruled in a case that was remanded back from the Court of Appeals for the Fifth Circuit.
- More details here.
NY DFS FINES ONEMAIN $4.25M FOR CYBERSECURITY FAILINGS
- The New York State Department of Financial Services has fined OneMain Financial $4.25 million for violating the state’s cybersecurity regulations by failing to manage third-party service provider risk, access privileges, and for failing to maintain a formal application security development methodology.
- More details here.
STATE AGS JOIN FORCES TO SUE COMPANY FOR VIOLATING TCPA, TSR OVER BILLIONS OF ROBOCALLS
- Getting most of the state Attorneys General to agree on anything is like herding cats, so when most of them come together, it’s likely to be something big. Forty-nine AGs announced earlier this week that they were filing a joint lawsuit against a telecom company accused of facilitating billion of robocalls to consumers nationwide.
- More details here.
WORTH NOTHING: Books that the critics are excited to read this summer … Retailers are losing a lot of money to “brazen” thefts … Consumer Reports ranked the different Buy Now, Pay Later apps … Have you tried “skiplagging” to save money on airline tickets? … Retirement lessons you can learn from Tina Turner … Check out a 211-shot badminton rally that takes more than three minutes to finish … The most likely scenario for when student loan payments could restart … Would you go this far if they left the cheese off your chicken sandwich?
Funny Friday, part I (NSFW)
Funny Friday, part II
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