Monday, June 20, 2016

CFPB takes another challenge to its jurisdiction to court

Sarah T. Reise The CFPB filed suit against J.G. Wentworth, LLC on June 7, 2016 after the company challenged the Bureau's expansive view of its jurisdiction. The CFPB served a CID against J.G. Wentworth, LLC on September 11, 2015 to investigate alleged violations of consumer protection laws. J.G. Wentworth purchases structured settlements and annuities from consumers for lump sums. J.G.... More >...(read more)
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