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No Need To Delay $811M Immigrant Bond Co. Fine, CFPB Says

Gunnar Larson

30 Apr 2024 30 Apr '24
7:48 a.m.

No Need To Delay $811M Immigrant Bond Co. Fine, CFPB Says <https://www.law360.com/mergersacquisitions/articles/1830045?nl_pk=a34c25b5-f021-4515-a5f9-06e53584a502&utm_source=newsletter&utm_medium=email&utm_campaign=mergersacquisitions&utm_content=2024-04-30&read_main=1&nlsidx=0&nlaidx=6> By Rae Ann Varona The Consumer Financial Protection Bureau told a Virginia federal judge that there is no need to hold off fining a bonding company $811 million for predatory bonding practices, saying the company's fear of collapse is mooted by a recent sale. Memorandum attached | Read full article » <https://www.law360.com/mergersacquisitions/articles/1830045?nl_pk=a34c25b5-f021-4515-a5f9-06e53584a502&utm_source=newsletter&utm_medium=email&utm_campaign=mergersacquisitions&utm_content=2024-04-30&read_more=1&nlsidx=0&nlaidx=6> | Save to favorites » <https://www.law360.com/mergersacquisitions/articles/1830045?nl_pk=a34c25b5-f021-4515-a5f9-06e53584a502&utm_source=newsletter&utm_medium=email&utm_campaign=mergersacquisitions&utm_content=2024-04-30&read_later=1&nlsidx=0&nlaidx=6>

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