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Third-party oversight liability avoided in CFPB enforcement
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Case Law, Consumer Protection
Friday, May 1, 2015
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The Consumer Financial Protection Bureau and the Navajo Nation took action against a business owner for allegedly diverting tax clients from H&R Block franchises he owned to a second lending company he owned. Although the third parties were alleged to have violated statutes, H&R Block was not held responsible. Read on for the details of the enforcement.
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