Newsletters

11.09.17

Exclusion Precludes Coverage for Bank’s $24M Settlement

In a blow to a bank that settled overdraft litigation for $24 million, the U.S. Court of Appeals, Seventh Circuit affirmed that the financial institution’s liability policy did not provide coverage for the deal.


11.09.17

FTC Launches ‘Game of Loans’ Initiative

Deceptive student loan debt relief scams are the target of a new coordinated federal-state law enforcement initiative led by the Federal Trade Commission (FTC).


11.09.17

CRA Ratings Review Gets Update From OCC

In a new bulletin, the Office of the Comptroller of the Currency (OCC) outlined its updated “policy and framework for determining the effect of evidence of discriminatory or other illegal credit practices” on the Community Reinvestment Act (CRA) rating of a bank.


11.09.17

Experts Share Insights on the State of Marketplace Lending

Brian Korn, partner and co-chair of the firm’s financial services group, spoke on a panel at the First Associates Marketplace Lending Networking Breakfast on Nov. 1 in New York.


11.09.17

FTC Speaks Out on Children’s Voice Recordings

In a new Enforcement Policy Statement, the Federal Trade Commission (FTC) decreased the burden for operators with regard to the collection of certain audio voice recordings of children under the age of 13.


11.09.17

Tito’s Taste Test Claims Leave Bad Taste for NAD

Tito’s Handmade Vodka promised to stop using claims that consumers preferred the taste of its product in a challenge brought by competitor Absolut Spirits Co. before the National Advertising Division (NAD).


11.09.17

FTC Fills Up With Trump Nominations

After making do with just two members since February, the Federal Trade Commission may soon be back at full capacity after President Donald Trump officially nominated two individuals to join the FTC, including one tapped as chair, with another nomination predicted to occur soon.


11.09.17

Florida Federal Court Affirms FTC’s Available Remedies

Disgorgement and refunds are remedies available to the Federal Trade Commission, a Florida federal court ruled in a case involving a purported time-share scam.


11.07.17

California Employers Face Multiple New Laws

With several new employment-related measures recently signed into law, California employers should start preparing themselves now.


11.06.17

Social Media, Behavior Policies Tossed by NLRB ALJ

Prohibiting social media activity by employees that “reflect[s] poorly” on the employer violates the National Labor Relations Act (NLRA), an administrative law judge (ALJ) determined.