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Litigation

Jul. 2, 2014

CFPB could be teeing up wave of civil litgation

Plaintiffs' and defense attorneys are keenly aware that the young bureau's findings could become a new engine for civil litigation, though it remains unclear how significant it might be.


By Chase Scheinbaum


Daily Journal Staff Writer


As it polices the financial products industry, the Consumer Financial Protection Bureau makes public the results of its investigations - a fact not lost to attorneys on both sides of the bar. In its third year in existence, the agency, created by Congress in 2012, has begun to shed some light on the industry's inner workings. Plaintiffs' and defense attorneys are keenly aware that the young bureau&#...

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