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AG Watch: Oregon Targets Consumer Costs [Law360]

In Keturah’s latest Oregon AG Watch article for Law360, AG Watch: Oregon Targets Consumer Costs, she examines how Oregon Attorney General Dan Rayfield’s focus on lowering consumer costs is playing out through significant litigation over state and federal laws governing financial services.

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FTC Reaches $4.85 Settlement with Payment Processor Nuvei Over Merchant Screening Practices

The FTC has reached a $4.85 million settlement with the global payment processor Nuvei Corporation and its subsidiaries, Nuvei International Group Limited, Nuvei Limited, SafeCharge Digital Limited, and Nuvei Technologies Inc. over allegations that the firm provided payment processing services to merchants that were engaged in alleged deceptive conduct, including technology and support scams that…

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Colorado AG Weiser Sues EarnIn Over Alleged Unlawful Lending Practices

Colorado AG Phil Weiser filed a lawsuit against Activehours, Inc., the company behind EarnIn, alleging that EarnIn’s products that it says allows consumers to access their money the same day they work constitutes illegal high-cost payday loans in violation of state lending and consumer protection laws. The lawsuit alleges that EarnIn uses deceptive app designs…

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FTC Secures $2.1 Million Settlement with Doxo Over Alleged Consumer Deception

The FTC announced that online bill payment firm Doxo will pay $2.1 million to settle FTC allegations that the company and two of its co-founders used misleading search ads to impersonate consumers’ billers and misled consumers about millions of dollars in fees they tacked on to consumers’ bills. In a 2024 complaint, the FTC alleged…

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Founders of Celsius Network Ordered to Pay $16.5 Million to Resolve FTC Charges

The former CEO of the cryptocurrency platform Celsius Network Inc. (Celsius), and his business partners Shlomi Daniel Leon and Hanoch “Nuke” Goldstein have been ordered to pay a total of $16.5 million to resolve the FTC’s charges that they deceived users by falsely promising that deposits made to their cryptocurrency platform would be safe and always available.

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