More than 1,000 Massachusetts borrowers who had auto loans with Santander Consumer USA could receive debt relief and other payments following a settlement the company reached with the Massachusetts attorney general.
U.S. Bank has agreed to cancel more than $230,000 in student debt for former students of the now-closed New England Institute of Art as part of a settlement with the Massachusetts attorney general’s office involving lines of credit the art school provided to students.
State Street will pay nearly $54 million in restitution and penalties to resolve allegations that the company overcharged many clients for certain services that were supposed to be billed on an “out-of-pocket” basis.
The for-profit education company Career Education Corp. has agreed to stop collecting more than $11 million in debt from nearly 3,000 students in Massachusetts and will reform its practices following allegations of misleading prospective students and predatory enrollment tactics.
UBS will cough up $68 million for its fraudulent conduct involving the manipulation of the London Interbank Offered Rate.
A California company that processes payments for rental and vacation properties will pay $155,000 to resolve allegations that it violated consumer protection and data security laws by exposing the personal information of 6,800 Massachusetts residents online, Attorney General Maura Healey announced yesterday.
The U.S. Attorney’s Office in Massachusetts has settled with another banking giant for its role in the financial crisis.
When creditors settle their claims against debtors, guarantors should not assume that they are automatically released from their guaranty obligations.
The office of Attorney General Maura Healey has secured $898,000 from a Florida-based credit union that made loans to more than 200 Massachusetts students to finance expensive and ineffective online study materials and educational services.
The Consumer Financial Protection Bureau has been busy as of late.
Hundreds of Massachusetts Uber drivers are being reimbursed after being overcharged by Uber’s subsidiary car-leasing company for “duplicative and erroneous tolls and related fees.”
Mylan NV has finalized a $465 million settlement resolving U.S. Justice Department claims it overcharged the government for its EpiPen emergency allergy treatment, which became the center of a firestorm over price increases.
PHH Corp., PHH Mortgage Corp. and PHH Home Loans have agreed to pay the United States $74,453,802 to resolve allegations that they violated the False Claims Act.
Massachusetts nonprofit and governmental entities have received $32 million as part of a settlement with Barclays Bank PLC and Barclays Capital Inc., including $25 million for the state’s General Fund, Attorney General Maura Healey announced this week.
A Massachusetts dentist with 21 practices around the state has agreed to pay the state’s Medicaid program $475,000 to resolve allegations of improper billing practices.
Barclays Bank and Barclays Capital this week announced it would pay $100 million to settle with 44 states over its manipulation of interest rates.
