CFPB moves for summary judgment in PayPal lawsuit and opposes PayPal’s summary judgment motion
By EsqSocial Corporation 16/07/20
In filings submitted last week, the Consumer Financial Protection Bureau (the Bureau) both opposed and moved for summary judgment in PayPal, Inc. v. Consumer Financial Protection Bureau, asking the court to put an end to PayPal, Inc.’s lawsuit challenging the prepaid card rule (Rule), which took effect last year. The Rule set out certain fee disclosure requirements, credit-linking restrictions, and other consumer protections for “prepaid accounts.”...<BR />By: <a href="https://www.jdsupra.com/profile/Ballard_Spahr/">Ballard Spahr LLP</a>