Lenny Bernstein and Katie Zezima, The Washington Post Published 4:29 am PST, Tuesday, February 19, 2019 OKLAHOMA CITY - Big pharma is facing a major test in a small courthouse 20 miles south of here: the first trial at which a jury could decide whether drug companies bear responsibility for the nation's opioid crisis. Thousands of cities, counties, Native American tribes and others have filed lawsuits up and down the opioid supply chain, alleging various claims of culpability for the crisis that began with widespread abuse of powerful painkillers. Most of the cases have been consolidated in a major federal action in Cleveland. But as that case lags, smaller state cases like the one here in Oklahoma are quickly moving to hold companies to account, creating an early test of how costly the opioid crisis might be for the pharmaceutical companies that made billions of dollars off the drugs. Oklahoma's case is scheduled to begin May 28 at a state courthouse in Norman. Judge … [Read more...] about Oklahoma could provide first test of who will pay for the opioid crisis
Florida consumer collection practices act
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Sections SEARCH Skip to content Skip to site index U.S. Subscribe Log In Log In Today’s Paper Supported by ByBen Protess, Robert Gebeloff and Danielle Ivory Nov. 3, 2018 In the final months of the Obama administration, Walmart was under pressure from federal officials to pay nearly $1 billion and accept a guilty plea to resolve a foreign bribery investigation. Barclays faced demands that it pay nearly $7 billion to settle civil claims that it had sold toxic mortgage investments that helped fuel the 2008 financial crisis, and the Royal Bank of Scotland was ensnared in a criminal investigation over its role in the crisis. The three corporate giants complained that the Obama administration was being unreasonable and stood their ground, according to people briefed on the investigations. After President Trump took office, they looked to his administration for a more sympathetic ear — and got one. Federal prosecutors and the … [Read more...] about Trump Administration Spares Corporate Wrongdoers Billions in Penalties
Sections SEARCH Skip to content Skip to site index Politics Subscribe Log In Subscribe Log In Today’s Paper Advertisement Supported by ByGlenn Thrush Sept. 6, 2018 WASHINGTON — After the education secretary, Betsy DeVos, started scaling back consumer protections for student borrowers last year, six states and the District of Columbia sped up their own efforts to crack down on abusive lending practices by companies that administer federal loan programs. Now Ms. DeVos is trying to stop them. Trump administration lawyers filed a “statement of interest” last month supporting a lawsuit from the Student Loan Servicing Alliance, an industry trade group, against the District of Columbia for creating a student loan ombudsman office. Under a new city law, the companies would be required to apply for licenses and could lose their right to operate if officials determine that they have engaged in fraudulent or … [Read more...] about After Scaling Back Student Loan Regulations, Administration Tries to Stop State Efforts
Zacarias Cabrera is one of those homeowners. He's been fighting different banks for 10 years to keep his house. "It's sad because humans should not be living like that," said Cabrera. "We used to have all our most important things packed in a suitcase, so when the sheriff comes to tell us to get out of the house, we just grab and leave." Now he's leading a class action effort against the banks over the fees he says he was charged. Cabrera says his financial trouble started in 2008 when his mom was diagnosed with terminal cancer and he had to miss work to visit her. NBC 6 Responds helps customers after a virtual store failed to deliver the custom items they ordered. Myriam Masihy reports. (Published Thursday, July 19, 2018) "It was my time to take care of my mom," said Cabrera. He says the bank tried to foreclose on his home after refusing to give him a loan modification plan. He says the bank asked to dismiss the case. When a man’s travel plans have to change due to civil … [Read more...] about Homeowners Fight Foreclosure Fees Added to Mortgage