CFPB and DOJ File First Joint-agency Fair Lending Case Against Indirect Auto Finance Company

CFPB and DOJ File First Joint-agency Fair Lending Case Against Indirect Auto Finance Company

December 21, 2013 -  The United States Department of Justice and Consumer Financial Protection Bureau announced the filing of their first joint fair lending enforcement action and settlement regarding allegations that an auto finance company’s dealer compensation policy resulted in a disparate impact for certain minority borrowers.

New Department of Transportation Website and Kiosk Regulations Provide Insight into Forthcoming Department of Justice Regulations for Public Accommodations

New Department of Transportation Website and Kiosk Regulations Provide Insight into Forthcoming Department of Justice Regulations for Public Accommodations

As we reported earlier this month, the Department of Transportation (DOT) issued regulations under the Air Carrier Access Act (ACA) making it easier for airline passengers with disabilities to access both airline websites and terminal kiosks. 

Tryin’ to Make a Dollar Out of Fifteen Cents: Diebold FCPA Settlement Explains What Officials Did On Their Vacation

By | Global Trade Law Blog | November 13, 2013

Vacation is great, but it can involve a great deal of planning.  And, paradoxically, leisure travel can involve more planning than traveling for business.  That travel-related work stands out as a centerpiece of the October 22, 2013 Diebold, Inc. (Diebold) Foreign Corrupt Practices Act (“FCPA”) settlement with the U.S. Securities and Exchange Commission (SEC) and Deferred Prosecution Agreement with the U.S. Department of Justice (DOJ). 

In Fraud Suits Filed by DOJ and SEC, Bank of America Tries a Defense They Themselves Often Dismiss – Phil Stein

By | LXBN | August 22, 2013
LXBN TV

The Department of Jusitce and the SEC have recently filed suits against Bank of America for allegedly defrauding buyers of its mortgaged-backed securities back in 2008. A Bank of America spokesman has responded by saying, essentially, the buyers were sophisticated enough to know better and had access to plenty of data on them. Coincidentally, this is a argument Bank of America routinely dismisses in suits filed by them against mortgage lenders.