• 11.06.17

    Social Media, Behavior Policies Tossed by NLRB ALJ

    Prohibiting social media activity by employees that “reflect[s] poorly” on the employer violates the National Labor Relations Act (NLRA), an administrative law judge (ALJ) determined.

  • 10.26.17

    Equifax Fallout Continues, Spreads Across Industry—and Pond

    The fallout from the Equifax data breach continues, reaching other credit reporting companies and all the way across the Atlantic Ocean.

  • 10.26.17

    Regulators Take the Wheel in Auto Financing Actions

    From the Department of Justice (DOJ) to the Massachusetts attorney general, auto financing has been the subject of several recent actions.

  • 10.12.17

    Cybersecurity, Data Breaches Continue to Make Headlines

    Cybersecurity continues to make headlines in the financial services industry, from the recent announcement that the Securities and Exchange Commission (SEC) was targeted by hackers to final approval of the settlement in a class action brought by financial institutions against Home Depot after a ...

  • 09.28.17

    Equifax Breach Felt From Lawsuits to Legislation to … Arbitration?

    As the Equifax data breach continues to reverberate—with multiple class actions filed, calls to revamp the credit reporting industry and new legislation proposed—even the arbitration rules of the Consumer Financial Protection Bureau (CFPB) may see an impact.

  • 08.03.17

    DFS Provides Answers to Cybersecurity FAQs

    Hoping to provide greater clarity to financial institutions subject to its new cybersecurity requirements, New York’s Department of Financial Services (DFS) published a Frequently Asked Questions (FAQ) document to assist those institutions as the Aug. 28, 2017, compliance deadline looms.

  • 07.10.17

    Financial Services Law—CFPB Bans Most Consumer Arbitrations

    Today, and to no one’s surprise, the Consumer Financial Protection Bureau (CFPB) announced a final rule that prevents banks and other covered providers of specified consumer financial products from incorporating or enforcing predispute mandatory arbitration to the extent that the clause bars ...

  • 05.16.16

    Supreme Court Requires Actual Harm to Pursue FCRA Claims

    In a carefully drawn 6-2 decision authored by Justice Samuel Alito, the Supreme Court of the United States has today ruled in Spokeo, Inc. v. Robins that a plaintiff must show an injury in fact before pursuing a claim for violation of the federal Fair Credit Reporting Act (FCRA), a holding that ...

  • 05.09.16

    No More Mandatory Arbitration for Consumer Financial Products?

    To no one's surprise, the Consumer Financial Protection Bureau (CFPB) proposed rules on May 5, 2016 that will effectively, if promulgated as expected, eliminate most pre-dispute arbitrations arising out of the sale of consumer financial products.

  • 05.06.16

    Spotlight on the False Claims Act

    This month we discuss two interesting court cases involving the False Claims Act (FCA).

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