Opinion recap: Court requires federal hearing in telemarketing case
With its opinion yesterday in Mims v. Arrow Financial Services, LLC, the Court stuck with the well-settled rules for federal-question jurisdiction, rejecting the conclusion of most of the courts of appeals that the odd language of the federal Telephone Consumer Protection Act (the “TCPA”) relegated suits under that statute to state courts. The statute established [...]
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Webster Bank Commences Fixed Price Cash Tender Offer for 5.875% Subordinated Notes Due 2013
WATERBURY, Conn., Jan. 30, 2012 /PRNewswire/ -- Webster Bank, National Association (the "Bank"), a wholly owned subsidiary of Webster Financial Corporation (NYSE: WBS - News), announced today that it ...
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QCR Holdings, Inc. Announces Record Net Income of $2.7 Million for Fourth Quarter of 2011, and Record Net Income of $9 ...
MOLINE, Ill. -- QCR Holdings, Inc. today announced net income attributable to QCR Holdings, Inc. ("net income") of $2.7 million for the quarter ended December 31, 2011, or diluted earnings per ...
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Consumer Bureau: Will Take Immediate Steps To End Illegal Payday Loan Practices
The federal government will be giving payday loans "much more attention," Richard Cordray, head of the new Consumer Financial Protection Bureau, said Thursday during the agency's first field hearing.
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Court lets telemarketers be sued in federal court
The Supreme Court is keeping telemarketers and other businesses on the hook for nuisance phone calls, letting those annoyed by the disruptions sue in federal as well as state courts.
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