Michigan lawmakers are considering sweeping updates to the state’s identity theft protection law while also debating whether Michigan will become one of nearly half the states that have passed a consumer privacy law. Fisher Phillips is closely monitoring both SB 359 and SB 360 to prepare businesses for changes that may be on the horizon on both fronts. This Insight explores the current state of Michigan law, the proposed changes being debated, and some steps your business can take to prepare for new potential obligations.
The CFPB is proposing a rule that standardizes determinations that nonbanks pose “risks to consumers,” a move that could result in fewer nonbanks being designated as posing risk and thus subject to CFPB supervisory jurisdiction.
Last week, the Federal Trade Commission (FTC) announced the launch of a public inquiry to examine the scope, prevalence, and impact of employer noncompete agreements. The information gathered may help guide the agency’s future enforcement actions.
A noncompete agreement is a contractual clause between an employer and an employee that restricts the employee from working for a competitor or starting a competing business after leaving their job. While such agreements may serve legitimate purposes in certain circumstances, research has shown that they are also frequently subject to misuse.
On August 27, an Illinois appellate court affirmed a trial court’s denial of a motion to compel arbitration in an FDCPA class action. The case involved a 2022 collection email about a charged-off account originally opened with a wireless provider in 2007 and later sold to a debt buyer. The plaintiff alleged that the defendants violated the FDCPA by failing to provide clear instructions for opting out of future email communications.
We are pleased to present our latest edition of Telephone and Texting Compliance News, providing insights and news related to the Telephone Consumer Protection Act (TCPA).
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