For Immediate Release: Thursday, February 6, 2020 (RALEIGH) Attorney General Josh Stein opposed a proposal by the Federal Deposit Insurance Corporation (FDIC) to preempt state laws that regulate payday and other high-cost lending. The FDIC’s proposed regulations would let predatory lenders circumvent state laws through “rent-a-bank” schemes, in which banks act as lenders in name […]
For Immediate Release: Tuesday, February 4, 2020 (RALEIGH) Attorney General Josh Stein today again asked U.S. Department of Education Secretary Betsy DeVos to use her authority to forgive federal student loans for all students who were enrolled in now-closed schools operated by Dream Center Education Holdings LLC. In July 2018, Dream Center abruptly announced that […]
For Immediate Release: Wednesday, January 29, 2020 (RALEIGH) Attorney General Josh Stein today announced a $118,642,000 settlement with web-based electronic health records company Practice Fusion over allegations that the company accepted payments from some drug manufacturers in exchange for using its software to promote their drugs to physicians. These payments constituted kickbacks in violation of […]
For Immediate Release: Tuesday, January 28, 2020 (RALEIGH) Attorney General Josh Stein today announced that a record number of data breaches had been reported to the North Carolina Department of Justice in 2019 as he released the department’s 2019 data breach annual report. In 2019, 1,210 breaches were reported to the North Carolina Department of […]
For Immediate Release: Monday, January 27, 2020 (RALEIGH) Attorney General Josh Stein reached a settlement of more than $825,000 against Florida-based payday lender Approved Financial Inc. in a case he filed alleging illegal, unlicensed lending practices, usury, unlawful debt collection, and unfair and deceptive practices. The settlement will give North Carolina consumers who got loans […]
For Immediate Release: Friday, January 24, 2020 (RALEIGH) Attorney General Josh Stein joined a federal lawsuit to challenge the federal government’s latest effort to allow 3-D printed firearm blueprints to be released online. These files would allow plug-and-play access to 3-D printed unregistered, untraceable, hard-to-detect firearms, also known as “ghost guns.” Even though they are […]
For Immediate Release: Thursday, January 23, 2020 (RALEIGH) Attorney General Josh Stein today took action to ensure that states can continue to use powerful tools under federal law to protect consumers from fraud and abusive consumer practices. Attorney General Stein and 23 other attorneys general filed an amicus brief in Seila Law, LLC v. Consumer […]
For Immediate Release: Thursday, January 23, 2020 (RALEIGH) Attorney General Josh Stein opposed a federal proposal that would exempt payday and other high-cost lenders from North Carolina’s usury laws that prevent predatory lenders from charging high interest rates on loans and taking advantage of customers. The proposal by the Office of the Comptroller of the […]
Attorney General Josh Stein January 2020 Earlier this month, the Durham Housing Authority relocated about 270 families from McDougald Terrace, a Durham public housing complex, after inspections indicated elevated carbon monoxide levels in appliances. As a result, concerned community members have worked to raise funds for residents who had to temporarily relocate and deal with […]
For Immediate Release: Wednesday, January 22, 2020 (RALEIGH) Attorney General Josh Stein reached a $39.5 million multistate settlement to resolve allegations of Medicaid fraud with ResMed Corp, a Minnesota corporation that sells health care goods and services. The settlement resolves allegations that ResMed caused the submission of false claims to several state Medicaid programs and […]