United States: Consumer Protection

The Office of the Comptroller of the Currency has entered into a consent order with The Federal Savings Bank regarding allegations of false and misleading statements about VA cash-out mortgage refinance loans.

Regulatory oversight of debt sales has become more fragmented, active, and state-driven, fundamentally reshaping how buyers and sellers approach transactions.

California has raised its gift card cash-out threshold to $15—the highest in the nation—creating new compliance obligations for businesses that issue or honor gift cards in the state.

The Federal Trade Commission has launched an inquiry into fee disclosure practices across online food and grocery delivery platforms, seeking public input on transparency issues ranging from total pricing to personalized pricing algorithms.

The Federal Trade Commission (FTC) announced it is sending warning letters to 97 auto dealership groups nationwide, reminding them that the price they advertise to consumers...

State attorneys general are increasingly acting as primary regulators of consumer-facing business practices, targeting pricing transparency, algorithmic pricing, junk fees, and subscription practices through investigations and settlements. Federal regulations have been delayed or challenged, creating a fragmented enforcement landscape with dual exposure risk from both regulatory enforcement and private litigation.

Wiley's Environmental and FDA Regulatory practices launch a new joint podcast examining the intersection of environmental policy, scientific innovation, and FDA-regulated industries.

The FDA has sent reminder letters to over 2,200 drug, biologic, and medical device companies regarding potential failures to publish required clinical trial results on ClinicalTrials.gov.

In Fry v. American Honda Motor Co., the United States District Court for the Middle District of Pennsylvania addressed a multi-state putative class action arising from allegations...

A Michigan federal court has granted final approval of a class action settlement against a creditor law firm and affiliated debt buyers over allegedly excessive post-judgment interest charges in debt collection proceedings. The case centered on whether a 13% interest rate—Michigan's maximum for judgments on written instruments—was improperly applied to judgments that did not involve written instruments. Eligible class members whose judgment balances were reduced to zero will receive $150 monetar

Who purchases charged-off debt, and how do these transactions actually work? This episode explores the specialized world of debt buyers, examining how they evaluate portfolios through legal...

This episode explores the critical factors that drive debt sale transactions, from buyer selection and portfolio evaluation to deal structuring and risk allocation. Learn how buyers assess legal, regulatory, and commercial risks when purchasing charged-off debt, and discover why understanding these dynamics is essential for successful debt sale programs.