Thursday, July 25, 2013

Firm Calls Consumer Financial Bureau Illegal

Morgan Drexen, a California-based purveyor of "legal support services," has sued the Consumer Financial Protection Bureau, claiming the new federal agency seeks to collect unconstitutionally protected attorney-client material, including personal financial information.
     The lawsuit comes two months after Wisconsin ordered Morgan Drexen to pay $6.1 million in fines and restitution and ordered it to get out of the state.
     The Wisconsin Department of Financial Institutions claimed Morgan Drexen violated consumer protection laws on debt negotiation, overcharged and operated without a license. It ordered the company to stop operating in the state, according to the Milwaukee Journal Sentinel.
     "Morgan Drexen delivers legal support services to America's Law Firms," the Costa Mesa-based company says on its Internet home page.

http://www.courthousenews.com/2013/07/24/59634.htm 

No comments: