A federal judge revived the CFPB’s lawsuit against a legal settlement company the bureau says defrauded the families of Sept. 11 victims and former NFL players.
Judge Loretta A. Preska of the U.S. District Court for the Southern District of New York on Wednesday reversed a prior ruling and allowed the Consumer Financial Protection Bureau to bring claims against RD Legal Funding LLC. The judge in 2018 held that the CFPB’s enforcement action was invalid because the bureau was unconstitutionally structured at the time.
The CFPB declined to comment Thursday. Representatives for RD Legal didn’t respond to a request for ...
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