TOP NEWS
Credit Repair Co. Owes $50M In CFPB, Mass. AG Case
By Sydney Price
The Consumer Financial Protection Bureau and Massachusetts' attorney general scored a $50 million win in their suit against a credit repair service and its owner after a Bay State federal judge determined that they violated federal and state consumer protection laws by falsely promising credit score improvements and illegally charging advance fees.
Memorandum attached |
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LEGAL INDUSTRY
SEC's Top Cop Departing After Record-Breaking Tenure
By Jessica Corso
The U.S. Securities and Exchange Commission announced Wednesday that enforcement director Gurbir Grewal will be leaving the agency next week following a three-year tenure, during which the agency brought in record penalties and frequently clashed with crypto industry participants objecting to a string of lawsuits brought under Grewal's leadership.
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