Government
Aug. 3, 2012
New consumer agency targets lawyer in first suit
Lawyers say the new federal Consumer Financial Protection Bureau's first lawsuit -- targeting a Los Angeles lawyer -- makes political sense for the controversial agency.
Daily Journal Staff Writer
Lawyers who represent clients in the financial services industry have been anxiously anticipating the controversial new federal Consumer Financial Protection Bureau's first move into the courts.
After learning last week that the bureau's first lawsuit targeted a Los Angeles lawyer accused of using deceptive practices in a mortgage-rescue scheme, the reaction was mixed. But most agree th...
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