On January 11, the CFPB and a debt-collection law firm it sued in 2019 for illegal debt-collection practices reached settlement. The CFPB included in its initial complaint against the defendant allegations that the law firm falsely represented to consumers that attorneys were actively engaged in overseeing and filing lawsuits, while in a two year period, such law firm employed less than a dozen attorneys and filed more than 99,000 debt-collection lawsuits with minimal supporting documentation.
In this article, we share a list of the biggest fines and penalties from our monthly "bites" for 2022.
The Federal Trade Commission will mark its annual Identity Theft Awareness Week with a series of free events January 30-February 3 focused on how identity theft affects people of every community and ways to reduce your risk.
Following a public comment period, the Federal Trade Commission finalized a consent order settling charges that credit services company Credit Karma deployed dark patterns to misrepresent that consumers were “pre-approved” for credit card offers.
Nissan disclosed a data breach that affected close to 18k of the company’s clients. According to the notice of data breach Nissan sent to affected customers, user data leaked via a third-party vendor that provided software development services to the automaker. According to the company, the leaked data included the company’s users’ names, dates of birth, and Nissan Motor Acceptance Company (NMAC) number.
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