CFPB drops CFPA, TILA-related case

On April 23, the CFPB filed a notice of dismissal pertaining to its lawsuit filed in the U.S. District Court for the Western District of Pennsylvania against a credit card company and its CEO. The CFPB alleged the company engaged in deceptive and abusive practices, violating the CFPA and TILA. The CFPB decided to dismiss the action against the defendants with prejudice....
By: Orrick, Herrington & Sutcliffe LLP

Orrick, Herrington & Sutcliffe LLP