Lawmakers Warn SEC: Don’t Encourage Securities Fraud

Recently, some Trump Administration officials have begun to signal that they favor eliminating securities fraud class actions, and even support urging corporations to add fine print language to various documents that would bar investors from going to court if they are illegally cheated (forcing them, instead, into a private arbitration system), and using that same fine print tactic to ban class actions.

“Tribal Immunity” May No Longer Be a Get-Out-of-Jail Free Card for Payday Lenders

Public Justice is pleased to announce the publication of a comprehensive, first-of-its kind report that explores both the public face of tribal lending and the behind-the-scenes arrangements. It’s our hope that this report will be a helpful tool for lawmakers, policymakers, consumer advocates, journalists, researchers, and state, federal, and tribal officials interested in finding solutions to the economic injustices that result from predatory lending.

Public Justice Statement on CFPB Director Richard Cordray

Earlier today, Richard Cordray, Director of the CFPB, announced he will be stepping down from the agency at the end of the month. Public Justice’s executive director, Paul Bland, issued the following statement in response to Cordray’s announcement: