Tag: CFPB
Former Assistant Director and Deputy GC of CFPB, Joins Stroock in Washington
News
Quyen Truong, former assistant director and deputy general counsel of the Consumer Financial Protection Bureau (CFPB), has joined Stroock & Stroock & Lavan LLP as a partner in the firm’s Washington, DC office.
Akerman Adds CFPB Regulatory and Enforcement Lawyers
NEWS
Thomas Kearney and Mary (Molly) Calkins join the firm’s Washington, D.C., office, working in federal and state compliance as well as operational support capabilities.
CFPB Proposes Banning Use of Pre-Dispute Arbitration Agreements in Consumer Class Actions
Article
The Consumer Financial Protection Bureau has proposed prohibiting application of pre-dispute arbitration agreements to class litigation involving certain consumer financial products, according to a report published by Carlton Fields on its website.
Pre-Dispute Arbitration Clauses: Taking the Alternative Out of Dispute Resolution
White Paper
Binding individual customers to mandatory arbitration before a dispute arises, rather than encouraging its voluntary use, is harmful to public interest and consumer protection.