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​In Bureau of Consumer Financial Protection v. Townstone Financial, Inc ., the Consumer Financial Protection Bureau (“CFPB”) brought suit against Townstone, a mortgage broker/lender, and its co-founder and chief executive, Barry Sturner (“Sturner”) for alleged violations of the Equal Credit...

The Consumer Financial Protection Bureau (“CFPB”) is grappling with determining the most effective means of regulating the buy now pay later industry. BNPL allows a consumer to obtain a product or services immediately at the time of purchase and to make installment payments on the purchase over time...

Saul Ewing attorneys Justin Danilewitz, Patrick Hromisin and Zachary Kizitaff in Philadelphia secured a big win in Pennsylvania state court (Chester County) in a criminal pretrial hearing on behalf of Frank Recknagel, a Security Manager for Energy Transfer LP. Mr. Recknagel was charged with seven...