For the second time this year, the Consumer Financial Protection Bureau and the New York attorney general’s office have filed suit against a company and related individuals, alleging that they scammed 9/11 first-responders and former National Football League players out of money awarded to them from victim compensation funds or legal settlements.
A key difference between the case the two regulatory bodies filed in September against Top Notch Funding, along with its owner Rory Donadio and his business associate John “Gene” Cavalli, and the one they filed in February, against RD Legal and related parties, is that the case against Top Notch includes a third group of plaintiffs made up of victims of the 2010 Deepwater Horizon oil-rig accident.
Learn what reasoning the CFPB offered to explain its determination that Top Notch broke consumer financial laws.