On January 13, Navient Corp. (Navient), once the largest student loan servicer in the nation, reached a $1.85 billion settlement with a bipartisan coalition of 39 state attorneys general (State AGs) and a contemporaneous resolution with the Mississippi attorney general. The settlement resolves these State AGs’ investigations related to Navient’s lending practices, which we have
On January 13, a coalition of 39 state attorneys general — led by AGs from Pennsylvania, Washington, Illinois, Massachusetts, and California — reached a settlement with student loan servicer Navient over allegedly unfair, deceptive, and abusive student loan origination and servicing practices. The $1.8 billion settlement will undoubtedly draw eyes, but perhaps just as important
On January 3, Virginia Attorney General-elect Jason Miyares announced key members of his leadership team, including the chief deputy, solicitor general, deputy attorneys general, and other senior staff members.
These members will be sworn in on January 15, and will then head the Virginia Office of Attorney General’s five legal divisions: Solicitor General Division, Government
Twenty-one Democratic state attorneys general claim that many Federal Housing Administration (FHA)-approved mortgage servicers have routinely flouted the agency’s mandated COVID-19-related relief options, including its loan modification program. In a December 21 letter to the FHA , the state attorneys general asked the FHA to ensure that all FHA lenders are implementing and fully complying
Last week, Ashley Taylor caught up with The American Lawyer’s Ross Todd to discuss how Troutman Pepper built one of the first state attorneys general practices and why clients turn to our team for their regulatory needs. To get his answers, read the full interview here.
On November 2, Jason S. Miyares won the Virginia election to become Virginia’s first Latino attorney general. Miyares, a son of a Cuban refugee and a former criminal prosecutor, defeated two-term incumbent Attorney General Mark Herring. We have discussed Miyares’ campaign platform in detail here.
In 2015, Miyares was elected as a state delegate
Please join Troutman Pepper attorney Ashley Taylor at the IMS Consulting & Expert Services virtual event “Data Breaches and Their Impact on Litigation Policy” on November 10 from 1-2 p.m. CT. Ashley, along with the Honorable Aaron Ford, Dr. Edwin Hernandez and Jennifer Schaller, Esq., will bring their unique insights into trends in cybersecurity litigation
Data breaches and ransomware attacks are on the rise. On October 7, Oregon Attorney General Rosenblum announced an increase in data breaches reported to his office. The first nine months of 2021 involved 131 reported breaches, exceeding the 2020 total of 110. Financial Crimes Enforcement Network (FinCEN) also announced an increase in ransomware-related activities in
While national anti-human trafficking initiatives, such as the Blue Campaign[1] and the National Center for Missing and Exploited Children,[2] are relatively well-known, several state attorneys general have been outspoken leaders in the fight against human trafficking through legislation, initiatives dedicated to public education and awareness, and victim recovery.
Many of these initiatives will
In the 10 years since the Consumer Financial Protection Bureau (CFPB) opened its doors on July 21, 2011, the agency has in many ways upheld its mandate of looking out for the public interest. Created by the passage of the Dodd-Frank Wall Street Reform and Consumer Protection Act one year earlier, the CFPB is tasked