On January 22, 2024, LoanDepot filed a notice of data breach with the Securities and Exchange Commission after discovering that a cyberattack enabled hackers to access the company’s IT network.
A case from multiple state attorneys general against a private equity-owned lender will proceed after the U.S. District Court for the Eastern District of Pennsylvania denied the defendant’s motion to dismiss on finding that states do not have authority to sue under the federal Consumer Financial Protection Act (CFPA).
PIERRE, S.D. – South Dakota Attorney General Marty Jackley and 25 other Attorneys General are asking the Federal Communications Commission (FCC) to restrict the use of artificial intelligence by telemarketers.
Debt collector Sequium Asset Solutions is facing a class action lawsuit accusing the company of allegedly violating federal and state law in the way that it communicates with debtors targeted in collection actions.
OAKLAND — Attorney General Rob Bonta today joined a multistate amicus brief urging the U.S. Supreme Court to review a bankruptcy court’s decision permitting a Texas company to exploit an elaborate, unfair bankruptcy loophole enabling otherwise healthy corporations to avoid financial liability without ever declaring bankruptcy themselves.
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