CFPB Countersues Morgan Drexen

Last month, Morgan Drexen sued the CFPB, claiming its structure violates the Constitution’s separation of powers. This week, CFPB sued Morgan Drexen alleging the company charged advance fees for debt relief services in violation of the Telemarketing Sales Rule (TSR) and engaged in deceptive acts and practices in violation of the Consumer Financial Protection Act (CFPA). [8/22]