TMX Affiliate Sues Pa. Regulator To Block Potential $52M Fine
TMX Affiliate Sues Pa. Regulator To Block Potential $52M Fine <https://www.law360.com/banking/articles/1869476?nl_pk=feb6bbba-7878-4d39-be6e-46810c922ad7&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2024-08-14&read_main=1&nlsidx=0&nlaidx=1> By Katryna Perera A Texas and Georgia-based affiliate of consumer lending company TMX Finance has sued the secretary of the Pennsylvania Department of Banking and Securities, challenging an order from the department that the company says seeks over $52 million in civil penalties over claims tied to loan agreements that allegedly carry interest rates as high as 720%. 3 documents attached | Read full article » <https://www.law360.com/banking/articles/1869476?nl_pk=feb6bbba-7878-4d39-be6e-46810c922ad7&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2024-08-14&read_more=1&nlsidx=0&nlaidx=1> | Save to favorites » <https://www.law360.com/banking/articles/1869476?nl_pk=feb6bbba-7878-4d39-be6e-46810c922ad7&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2024-08-14&read_later=1&nlsidx=0&nlaidx=1>
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Gunnar Larson