Release date: 3/5/2018 (RALEIGH) Attorney General Josh Stein today wrote Secretary Betsy DeVos, criticizing the Department of Education’s (the Department) proposed redraft on borrower defense and financial responsibility regulations. Borrower defense is the process by which students who have been defrauded by their schools can have their federal student loans discharged. “Secretary DeVos needs to focus […]

Release date: 1/8/2019 (RALEIGH) Attorney General Josh Stein today announced that The Neiman Marcus Group LLC has agreed to pay $1.5 million and implement a number of policies to resolve an investigation with 43 states and the District of Columbia into the 2013 breach of customer payment card data at 77 Neiman Marcus stores in […]

Release date: 1/3/2019 (RALEIGH) Attorney General Josh Stein today announced a $493.7 million multi-state settlement with for-profit education company Career Education Corp. (CEC). In a settlement with 49 states, including North Carolina, CEC has agreed to reform its recruiting and enrollment practices and forgo collection debts 179,529 students owe nationally. In North Carolina, 4,738 students […]

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 […]

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: 12/4/2018 (RALEIGH) Attorney General Josh Stein today announced that North Carolina has reached a $6 million settlement with Encore Capital Group, Inc. and its subsidiaries Midland Credit Management, Inc. and Midland Funding LLC, one of the nation’s largest debt buyers. This settlement was reached with 41 other states and the District of Columbia. North […]

Release date: 11/15/2018 (RALEIGH) Attorney General Josh Stein today announced that he has reached a settlement with Atrium Health as a result of the antitrust lawsuit the North Carolina Department of Justice and the U.S. Department of Justice filed in 2016. “As a result of this settlement, people will be able to purchase lower cost, […]

Release date: 11/1/2018 (RALEIGH) Attorney General Josh Stein today announced that he is urging the Environmental Protection Agency (EPA) to follow the law and keep the Clean Power Plan, the first nationwide limits on climate change pollution from existing fossil-fueled power plants. In extensive comments filed with EPA, Attorney General Stein and his colleagues across […]

Release date: 10/23/2018 (RALEIGH) Attorney General Josh Stein today led a coalition of 33 attorneys general calling on the Consumer Financial Protection Bureau (CFPB) and Acting Director Mick Mulvaney to continue protecting military servicemembers against predatory lenders under the Military Lending Act (MLA). The attorneys general urge the CFPB to reconsider its reported decision to […]

Release date: 1/8/2018 AG Stein also releases annual report of data breaches in NC in 2017 – up more than 15 percent since 2016 (RALEIGH) Attorney General Josh Stein and Rep. Jason Saine today unveiled legislation to strengthen North Carolina’s laws to prevent data breaches and to protect affected victims. “Last year, more than 5.3 […]