Wage Access Co. Says NY AG Threatened Suit, Seeks Relief

Wage Access Co. Says NY AG Threatened Suit, Seeks Relief <https://www.law360.com/banking/articles/2321969?nl_pk=e602c558-f520-472e-90f1-02d555fb6fb0&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2025-04-08&read_main=1&nlsidx=0&nlaidx=5> By Sarah Jarvis Earned-wage access provider DailyPay sued Letitia James on Monday seeking a declaratory judgment that its payments do not constitute loans under New York law or violate federal and state laws, alleging the state attorney general has effectively declared all such products illegal. Complaint attached | Read full article » <https://www.law360.com/banking/articles/2321969?nl_pk=e602c558-f520-472e-90f1-02d555fb6fb0&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2025-04-08&read_more=1&nlsidx=0&nlaidx=5> | Save to favorites » <https://www.law360.com/banking/articles/2321969?nl_pk=e602c558-f520-472e-90f1-02d555fb6fb0&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2025-04-08&read_later=1&nlsidx=0&nlaidx=5>
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Gunnar Larson