In November 2013, the CFPB sent a letter to private student loan servicers asking them for information about their practices for handling extra payments from borrowers (i.e., payments in excess of the minimum amount due)....
Updated: The prosecution is pulling no punches in the Los Angeles misdemeanor battery trial of a county superior court judge accused of pushing a woman to the ground on his driveway last summer during a verbal altercation over the disposal of dog waste.
In 2005, Congress enacted the Class Action Fairness Act (“CAFA”) to change the procedures for interstate class action suits. Notably, CAFA created a new type of suit called a “mass action,” which is any civil suit for monetary relief in which the...
On January 31, 2014, the Federal Communications Commission ("FCC” or “Commission”) released the 2014 FCC Forms 499-A and 499-Q and accompanying instructions.... By: Dorsey & Whitney LLP
On January 24, the Securities and Exchange Commission’s Division of Corporation Finance issued three new Compliance and Disclosure Interpretations (C&DIs) with respect to the SEC’s so-called unbundling rule (Rule 14a-4(a)(3) under the Securities...
You already know that a Social Security disability (SSDI) decision should be considered in the context of deciding whether the claimant is disabled under the terms of the disability policy.... By: Lane Powell PC - ERISA Law
Last week, key members of the SEC’s staff reinforced their expectation that CCOs and other gatekeepers should help the SEC with its core mission of protecting investors, promoting fair, orderly and efficient markets and facilitating capital...
The ins-and-outs of extradition law increasingly are relevant as global commerce and international travel emerge as the norm, exposing citizens of one nation to the laws of other nations....
Last week, Scottrade Inc. became the latest entity to admit wrongdoing in connection with settling SEC charges. In a January 29, 2014 administrative order, the brokerage firm not only agreed to a $2.5 million penalty, but also admitted that it...
In accordance with its mandate under Title IV of the Jumpstart Our Business Startups Act ("JOBS Act"), on December 18, 2013, the U.S. Securities and Exchange Commission (SEC) proposed new rules modifying Regulation A under Section 3(b)(2) of the...
