Class Action Lawsuits news and trends

Wells Fargo Accused On Mortgage Fee Violations
Legal // August 30, 2017

A Nevada homeowner has filed a lawsuit accusing Wells Fargo & Co of improperly forcing thousands of U.S. customers to lock in home interest rates when their mortgage applications were delayed. Reuters reported news that Victor Muniz alleges that he was charged $287.50 for a...

Bitcoin to Make India Inroads?
International // July 24, 2017

Bitcoin may be volatile, but as India goes cashless, the cryptocurrency might find its way into the arsenal of legal tender not tied to paper and coins.  And, in the United States, wrangling over the CFPB’s mandate paving the way for class action suits in...

CFPB Arbitration Rule Dominates Regulatory News
CFPB // July 17, 2017

The CFPB opens the door to class action suits, and possibly trial lawyer riches, while across the pond, some warnings on regulatory compliance rumble, and Barclays begins ring-fencing efforts.

CFPB Ruling Says Long Live The Trial Bar
Regulation // July 11, 2017

  Speak softly and carry a big rule. The CFPB yesterday proclaimed that arbitration is dead and long live class action law suits and the trial bar.  And a rule that will cost all consumers big. Details.

Interviews & Exclusives
The Instant Verdict Is In For Legal Disbursements

January 14, 2020
The fact that instant disbursements are overwhelmingly preferred by consumers isn’t much of a surprise. When stacked up against a paper check, money that is instantly loaded to one’s digital account of choice seems an obviously superior option. After all, when it comes to collecting money, it’s expected that consumers will want it sooner rather […]

CFPB Arbitration Rule Dominates Regulatory News

July 17, 2017
The CFPB opens the door to class action suits, and possibly trial lawyer riches, while across the pond, some warnings on regulatory compliance rumble, and Barclays begins ring-fencing efforts.

CFPB Ruling Says Long Live The Trial Bar

July 11, 2017
  Speak softly and carry a big rule. The CFPB yesterday proclaimed that arbitration is dead and long live class action law suits and the trial bar.  And a rule that...

Quick Reads
Wells Fargo Accused On Mortgage Fee Violations

August 30, 2017
A Nevada homeowner has filed a lawsuit accusing Wells Fargo & Co of improperly forcing thousands of U.S. customers to lock in home interest rates when their mortgage applications were delayed. Reuters reported news that Victor Muniz alleges that he was charged $287.50 for a rate lock extension this year after his mortgage application was […]

CFPB To Push Through Arbitration Rule

December 27, 2016
The Consumer Financial Protection Bureau will likely finalize rules that prohibit financial institutions from implementing arbitration clauses that stop consumers from filing class-action lawsuits before president-elect Donald Trump takes office on Jan....

CFPB’s $100M Gift To The Plaintiff’s Bar (If Arbitration Goes Bye-Bye)

August 24, 2016
The Consumer Financial Protection Bureau has quantified the impact of getting rid of the class-action waivers in consumer financial contracts, which prevent customers from filing class-action lawsuits. According to a...