Tag:

class action

Congressional Repeal of Consumer Protection Rule Creates Bar to Class-Action Suits Against Banks

In July of 2017, the Consumer Financial Protection Bureau (“CFPB”) Director, Richard Cordray, implemented a rule regulating the ability of banks to prohibit class-action lawsuits from being placed within the fine print of their consumer contracts. By the end of July, the House of Representatives voted to repeal the rule under the Congressional Review Act, which allows lawmakers to overturn any recently issued regulation by an executive agency. The Senate subsequently voted to repeal the rule after a 50-51 vote, where Mike Pence cast his vote to break the 50-50 tie. On November 1st, 2017, President Trump signed the bill repealing the regulation.

Bose Accused of Blasting Consumer Listening Habits to Third Parties

Global music technology giant and headphone maker, Bose Corporation, has been hit with a class-action lawsuit alleging that Bose collected the listening preferences of the users of its wireless headphones and its companion application without their knowledge and sold that information to third parties. Counsel representing the class filed the complaint in federal court in Chicago, Illinois alleging violations of the Electronic Communications Privacy Act (“ECPA”) and the Illinois-specific Eavesdropping Statute.