Last month, the Consumer Financial Protection Bureau (“CFPB”) released its annual report to Congress summarizing consumer complaints received by the CFPB in 2020. In its report, the CFPB noted that consumer complaints increased by 54 percent when compared with 2019. The CFPB attributes the increase in complaints to the impact […]
Technology & Intellectual Property Update
Stuck in the Middle
Blackbaud is a Software as a Service (“SaaS”) provider for more than 45,000 nonprofit organizations, foundations, universities, and health care providers worldwide. Last year Blackbaud suffered a data breach and a subset of its databases were stolen. [1] The data subset contained client information used for fundraisings, marketing, financial management, […]
CFPB Rescinds Policy Defining “Abusive” Standard for UDAAP
Earlier this month, the Consumer Financial Protection Bureau (“CFPB”) rescinded a Trump-era statement of policy that sought to define an “abusive” act or practice for purposes of the Dodd-Frank Act’s UDAAP prohibition. The now rescinded policy statement defined an “abusive” act or practice as one in which the harm to […]
CCPA Enforcement by the California Attorney General
Now that a little more than a year has passed since the California Consumer Protection Act (“CCPA”) took effect on January 1, 2020, and almost nine months after the California Attorney General’s enforcement authority took effect, we are seeing activity on the enforcement front as well as individuals attempting to […]
The Trademark Modernization Act of 2020
On December 21, 2020, Congress passed the Consolidated Appropriations Act, 2021, a $2.3 trillion spending bill, which former President Trump signed into law on December 27, 2020. While the primary focus of the Appropriations Act was the $900 billion in stimulus relief for the COVID-19 pandemic, notable trademark legislation was also included […]