In July 2021, the U.S. Court of Appeals for the 7th Circuit held in CFPB v. Consumer First Legal Group, LLC et al. that an award of $59 million in restitution and penalties for alleged unlawful mortgage relief services must be reconsidered, in pertinent part, because the U.S. Supreme Court ruling in Liu v. SEC…,Read More
Restitution v. Disgorgement: A Distinction Without a Difference?