In a California lawsuit, the Consumer Financial Protection Bureau (CFPB) recently filed a reply brief supporting its previously held position, which resulted in a nearly $8 million fine against the company.
Although the CFPB has chosen to alter its legal stance in an action involving a civil investigative demand request against Nexus Services, and reportedly was considering dropping an enforcement settlement with Wells Fargo, in this case the bureau stuck to its case and requested the court reject a motion for post-trial relief.
Read on for more about the bureau’s actions in its lawsuit against Nationwide Biweekly.
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