Newsletters

01.16.20

Burnt Out? SAFE Banking Act Faces Senate Opposition

After making it farther than any prior legislation enabling financial services to be provided to legitimate marijuana businesses, the bill appears to be stalled in the Senate.


01.16.20

Ninth Circuit Sides With Debt Collector in FDCPA Case

Affirming a California district court, the U.S. Court of Appeals for the Ninth Circuit held that a debt collector is entitled to collect a lawful, outstanding debt even if the statute of limitations has run, so long as the debt collector does not use means that are deceptive or misleading and ...


01.14.20

New Year, New NAD Fees and Procedures

The National Advertising Division (NAD) started 2020 with updated fees and the announcement that new procedures would be implemented in the coming months.


01.14.20

New False Ad Suit: Chocolates Have Less THC, CBD Than Advertised

A new false advertising lawsuit filed in California federal court accuses Bhang Corporation of duping consumers as its “Medicinal Chocolates” actually contain less cannabis than promised in its advertising.


01.14.20

Gambling on Browsewrap: Casino App Loses Huuuge Bet on Enforcing Terms of Use

Last month, the Ninth Circuit affirmed a Washington district court’s decision to deny Huuuge’s bid to arbitrate a proposed class action based on a browsewrap agreement.


01.14.20

Challenge to Tomato Origin Moves Forward

A putative class action against Cento Fine Foods (Cento) challenging the packaging and labeling representations regarding its “Certified San Marzano” tomato products will move forward after a California federal court denied the defendant’s motion to dismiss.


01.14.20

CFPB 2019 Year in Review and What to Expect in 2020

The Consumer Financial Protection Bureau (CFPB or Bureau) had an active 2019, and we review the most significant stories here. Likewise, we discuss the likely major developments expected in 2020, leading with the upcoming Supreme Court battle over CFPB constitutionality.


01.09.20

Manatt Fintech: What to Expect in 2020

Taking a break after eight brisk years of regulatory and litigious turbulence, the world of fintech and marketplace lending in 2019 was notable for being more business as usual, or what some might call a “ho hum” year of upward growth.


01.07.20

2019 Financial Services M&A and Capital Markets Year in Review

Although it was very quiet on the western front (in particular, in California), 2019 was generally a solid year for banks pursuing merger and acquisition opportunities and accessing the capital markets.


01.02.20

Denying Class Certification, Court Rejects Use of Affidavits

Siding with the defendant, a Massachusetts federal court judge denied certification of two classes in a putative Telephone Consumer Protection Act (TCPA) class action against a medical device manufacturer.