On February 8, 2022, the Attorney General for the District of Columbia (DC AG) announced that a Delaware-based online lender has agreed to pay $3.3 million to refund over 2,500 consumers who allegedly received misleadingly high-cost loans and lines of credit. This agreement resolves a lawsuit filed by the DC AG in the Superior Court of the District of Columbia,…
On January 14, 2022, the Department of Justice (DOJ) announced that it reached an agreement with a student loan servicer that had serviced loans under the Federal Family Education Loan (FFEL) Program. The agreement resolves allegations that the loan servicer submitted false claims to the Department of Education (DOE) in violation of the False Claims Act (FCA)….