WASHINGTON, D.C. - (Mealey's) The U.S. Department of Justice (DOJ) announced Feb. 9 that the federal government, attorneys general from 49 states and five national banks have reached a $25 billion settlement to resolve issues stemming from the lenders'... Read More
By the Consumer Financial Services Group When a defendant settles a nationwide class action suit, it hopes to gain global peace and finality. However, the United States District Court for the Middle District of Florida limited the finality afforded... Read More
PHOENIX – (AP) Republican governors in two western states want to join in legal challenges to recent federal health care legislation, but each is meeting stiff resistance from the same obstacle: an attorney general from the rival party. Amid campaign... Read More
WASHINGTON, D.C. - (AP) The Justice Department on Monday sued the three largest U.S. credit card companies for anticompetitive practices and reached a proposed settlement with two of them, MasterCard and Visa. "We want to put more money in consumers'... Read More