Release date: 12/28/2018 (RALEIGH) Attorney General Josh Stein today announced that Wells Fargo will pay $575 million to resolve claims that the bank violated state consumer protection laws. North Carolina’s share of the settlement is $15,174,791.40. To date, this settlement represents the most significant engagement by state attorneys general involving a national bank without a […]
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Release date: 2/28/2018 (RALEIGH) Attorney General Josh Stein, along with State Crime Lab Director John Byrd, today announced the results of a statewide inventory of untested sexual assault evidence collection kits (SAECKs) in law enforcement custody across the state. Session Law 2017-57 required every law enforcement agency in North Carolina to report to the State […]
Release date: 12/21/2018 (RALEIGH) Attorney General Josh Stein today announced a $68 million, 40-state settlement with UBS for fraudulent conduct involving the manipulation of LIBOR (the London Interbank Offered Rate). LIBOR is a benchmark interest rate that affects financial instruments worth trillions of dollars and has a far-reaching impact on global markets and consumers. “UBS made millions as […]
Release date: 4/26/2018 (RALEIGH) Attorney General Josh Stein called on the Trump Administration to respect the Consumer Financial Protection Bureau’s (CFPB) investigative authority. Since its inception, the CFPB has issued civil investigative demands to companies and individuals who may be violating the law and taking advantage of consumers. Civil investigative demands are a critical law enforcement […]
Release date: 5/8/2017 (RALEIGH) Attorney General Josh Stein announced today that the Department of Justice has resolved a lawsuit against predatory auto title lenders in North Carolina. Liquidation, LLC made illegal loans to more than 700 North Carolinians under many names and charged interest rates of 161 percent to 571 percent, which far exceed legal […]
Release date: 4/27/2018 (RALEIGH) Attorney General Josh Stein today filed comments opposing the Trump administration’s “unlawful and unsupported” proposed repeal of the Clean Power Plan, the first nationwide emission limits on existing fossil fuel-burning power plants. “The Clean Power Plan makes us safer and healthier,” said Attorney General Josh Stein. “Investing in clean energy creates […]
Release date: 1/13/2017 North Carolina joins USDOJ and 21 States in Settlement to Address Mortgage-Backed Securities (RALEIGH) Attorney General Josh Stein today announced that North Carolina will receive $16 million of a settlement of more than $863 million with Moody’s Corporation, Moody’s Investors Service, Inc., and Moody’s Analytics, Inc. (Moody’s). North Carolina joined the U.S. […]
Release date: 1/12/2017 (RALEIGH) Accelerated Receivables Management, Inc. (ARM), also known as Cutting Edge Collections, has demanded payment for alleged past due debt for medical testing from consumers who believed their testing had been covered by insurance or already paid. In many cases, consumers reported that ARM employees were harassing or threatening in the process, […]
Release date: 6/26/2018 (RALEIGH) Attorney General Josh Stein today took legal action to protect children by challenging the Trump administration’s policy of forced family separation on the U.S. southern border. “Like millions of North Carolinians, I watched in horror as the Trump administration stripped thousands of children away from their parents,” said Attorney General Josh […]
Release date: 5/21/2018 Lawsuits center on kickbacks and illegal marketing practices to sell a powerful fentanyl painkiller (RALEIGH) Attorney General Josh Stein moved to hold drug manufacturer Insys Therapeutics, Inc., responsible for its deceptive marketing and sales practices by intervening in two lawsuits accusing Insys of violating the Fair Claims Act. The schemes were used […]