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January

5
2024
Industry News

Attorney General Announces Arrest in Meijer mPerks Theft

LANSING – Michigan Attorney General Dana Nessel announced today the arrest and arraignment of Nicholas Mui, 22, of Grand Haven, in connection to the systemic theft and sale of account access information tied to ‘mPerks’ accounts. Mui was arraigned in the 59th District Court in Kent County on December 27th on one count of Conducting a Criminal Enterprise, a 20-year felony, one count of Use of a Computer to Commit a Crime, a 20-year felony, and seven counts of Identity Theft, each count a 5-year felony.

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January

5
2024
Industry News

Issue Spotlight: Federal Student Loan Return to Repayment

As monthly payments for federally owned student loans come due for the first time in over three years, the Consumer Financial Protection Bureau (CFPB) is actively engaged in oversight of this return to repayment. We are supervising student loan servicers, monitoring consumer complaints, and collaborating with federal and state partners to ensure that servicers are held accountable when they fail to meet their legal obligations to borrowers during this critical period.

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January

5
2024
Industry News

FTC to Host Virtual Summit on Artificial Intelligence

The Federal Trade Commission’s Office of Technology is hosting a virtual tech summit on January 25, 2024 that will bring together a diverse group of stakeholders to discuss key developments in the rapidly evolving field of artificial intelligence (AI), looking across the layers of technology related to AI.

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January

5
2024
Industry News

Attorney General Mayes Announces $13 Million Settlement with Cox Communications for Disguising Price Increases as Routine Fees

PHOENIX – Attorney General Kris Mayes announced today that her office had secured a settlement with Cox Communications for more than $13 million, resolving an investigation and lawsuit alleging the telecommunications company failed to adequately disclose additional fees to customers.

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January

5
2024
Industry News

U.S. Supreme Court Will Hear Cases on Federal Agencies’ Interpretation of Statutes Jan. 17

The court could overturn or narrow a long-time standard for agencies to interpret statutes when enforcing rules, which might impact future regulatory programs.

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