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New leadership at the CFPB means state AGs will be more active in financial consumer protection

From
Legal Newsline

WASHINGTON (Legal Newsline) – Some states will be even more active in financial consumer protection enforcement now that the Consumer Financial Protection Bureau's new director has made it clear the bureau will stay out of the way, an expert on state attorneys general said during a recent interview.

PNC Bank alleges Florida employee took client info before starting competing wealth management firm

PNC Bank is suing Matthew Pietzak, a former employee of its asset management group, citing alleged breach of contract for taking confidential information before leaving his job.

Insurance company files suit against Lowe's for alleged damage to insured's home

An insurance company is suing Lowe's Companies Inc. on behalf of a Philadelphia family, citing alleged liability and negligence for damage done by a product from a Lowe's retail store.

Couple sue BOA, Nationstar, alleging they refused to honor mortgage modification agreement

PHILADELPHIA — An Oxford couple are suing Bank of America N.A., Nationstar Mortgage LLC and the Bank of New York Mellon, citing alleged misrepresentation in debt collection.

Pittsburgh family's insurance company files against Electrolux for fire allegedly caused by appliance

An insurance company, on behalf of two consumers, is suing Electrolux Home Products Inc., a Charlotte-based appliance maker, citing alleged design defect, negligence and product liability for a fire.

Penn among universities targeted by class action lawyers over pension plans

PHILADELPHIA – The University of Pennsylvania is one of several universities being sued by employees amid allegations that the schools’ retirement plans come with excessive fees.

Palmerton couple sues Family Dollar Stores Inc. alleging negligence

SCRANTON – A Palmerton couple is seeking damages following an incident in the Palmerton Family Dollar store.

Suit claims PNC did not pay overtime

WHITE PLAINS, N.Y. – Several people are suing a Pennsylvania financial services company and its subsidiary bank over claims of unpaid overtime compensation.

Technomark Life Sciences sued over breach of contract allegations

PHILADELPHIA – A company in the United Kingdom is suing over claims the defendants failed to deliver the services it was paid for.