Massachusetts Attorney General Maura Healey applied for “borrower defense” on behalf of 7,200 former Corinithian College students as a group application. Borrower defense is the provision that helps defrauded students by giving the Secretary of Education the authority to discharge debt when schools lie and cheat their students.  DeVos refused to forgive the debt and … More

Agrochemical giant Monsanto has agreed to pay Washington state $95 million to settle a lawsuit

Numerous cities, including Seattle, Tacoma, Spokane and Portland, Oregon, have sued Monsanto over PCB cleanup costs, and in 2016 Ferguson made Washington the first state to sue Monsanto over PCB contamination in rivers, lakes and bays. Others including Oregon and Ohio have since sued. The cases allege that Monsanto knew for decades about the dangers … More Agrochemical giant Monsanto has agreed to pay Washington state $95 million to settle a lawsuit

Trump Administration Price-Transparency Rule Covering Hospitals Upheld – WSJ

The American Hospital Association lost its legal bid to stop the Trump administration from requiring hospitals to disclose secret rates they negotiate with insurance companies, a victory for one of President Trump’s central health-policy initiatives. The ruling Tuesday from Judge Carl Nichols with the U.S. District Court for the District of Columbia was a summary … More Trump Administration Price-Transparency Rule Covering Hospitals Upheld – WSJ

California sues Betsy DeVos Over Student Loan Forgiveness

“College graduates who put in a decade of hard work and made timely payments on their student loans earned their TEPSLF loan forgiveness,” Becerra said. “But Education Secretary Betsy DeVos chose to ignore all of that. Today’s lawsuit reminds Secretary DeVos that she is not above the law. She is accountable to these college graduates … More California sues Betsy DeVos Over Student Loan Forgiveness

A.C.L.U. Accuses Clearview AI of Privacy ‘Nightmare Scenario’

In a suit filed in Illinois, the A.C.L.U. said that Clearview violated a state law that forbids companies from using a resident’s fingerprints or face scans without consent. Under the law, residents have the right to sue companies for up to $5,000 per privacy violation. “The bottom line is that, if left unchecked, Clearview’s product … More A.C.L.U. Accuses Clearview AI of Privacy ‘Nightmare Scenario’

Over Veterans’ Protests, Trump Vetoes Measure to Block Student Loan Rules

The veto will allow stringent rules for students seeking loan forgiveness to take effect on July 1. The rules toughen standards established under the Obama administration for student borrowers seeking to prove their colleges defrauded them and to have their federal loans erased. Even if some borrowers can show they were victims of unscrupulous universities, they could … More Over Veterans’ Protests, Trump Vetoes Measure to Block Student Loan Rules

Congress sends rebuke of DeVos ‘borrower defense’ rule to Trump’s desk

The bipartisan rebuke of Education Secretary Betsy DeVos’ “borrower defense” rule that cleared Congress earlier this year is now heading to President Donald Trump’s desk. House and Senate leaders on Tuesday enrolled the Congressional Review Act resolution to overturn DeVos’ new rule. That final procedural step now means that legislation will be presented to the … More Congress sends rebuke of DeVos ‘borrower defense’ rule to Trump’s desk

Student loan borrowers face ‘increased stress, anxiety, and depression’ amid coronavirus shock, survey finds

Student loan borrowers face ‘increased stress, anxiety, and depression’ amid coronavirus shock, survey finds “This data shows that many people with federal student loans are facing a financial disaster when relief ends,” Natalia Abrams, executive director at Student Debt Crisis said in a statement. “It reminds us there are glaring outcome disparities for borrowers who … More Student loan borrowers face ‘increased stress, anxiety, and depression’ amid coronavirus shock, survey finds

Traders Beware: U.S. taps new tools to find fraud in volatile commodities market

The Justice Department fraud division is beefing up with the creation of a sub-unit specializing in combating commodities fraud overseen by Avi Perry, a trial attorney who has prosecuted high-profile cases involving trading powerhouse Tower Research Capital, Merrill Lynch Commodities Inc, and the ongoing JPMorgan probe, according to two sources.  The unit is also hiring … More Traders Beware: U.S. taps new tools to find fraud in volatile commodities market

Judge allows fraud suit against Trump, family and company to proceed

Four anonymous plaintiffs brought the suit, including what court papers describe as a hospice caregiver, a self-employed man who was once homeless and a food delivery driver. The Trumps “deliberately misled” consumers about the likely success of their investments, the suit claims, and engaged in “a pattern of racketeering activity.” The suit is being funded … More Judge allows fraud suit against Trump, family and company to proceed