Sat.Mar 12, 2022

article thumbnail

‘HODL’: A Typo Takes Hold as a Sound Cryptocurrency Strategy

Nerd Wallet

The investing information provided on this page is for educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments. Late in 2013, with Bitcoin prices in the middle of a steep dip, a post appeared in an online. Andy Rosen writes for NerdWallet.

article thumbnail

Arbitration and the myths of freedom of contract and free choice

Public Citizen

by Jeff Sovern. Earlier this week, the Senate Banking Committee held a hearing on consumer arbitration clauses. The consumer side was ably represented by Paul Bland, Myriam Gilles, and Remington Gregg. I want to say something about the arguments put forth at the hearing by Senator Toomey and Professor Todd Zywicki. Professor Toomey argued that regulation of arbitration would undermine  freedom of contract.

Banks 98
article thumbnail

U.S. District Court Denies Rule 12(c) Motion, Finding Furnisher’s Evidence Nonintegral to Complaint and Not Probative of a Reasonable Investigation

Troutman Sanders

A North Carolina federal magistrate judge recently denied a furnisher’s motion for judgment on the pleadings in a case that involved reporting of historical credit information on a consumer’s closed account. In Newman v. American Honda Finance Corp. , No. 1:21CV3, 2022 U.S. Dist. LEXIS 38993 (M.D.N.C. March 4, 2022), the plaintiff, Tracy Newman, filed a lawsuit, alleging that a furnisher, American Honda Finance Corporation (Honda), violated Section 1681s-2(b) of the Fair Credit Reporting Act (FC