Entrance to the Consumer Financial Protection Bureau, Washington, D.C. Entrance to the Consumer Financial Protection Bureau, Washington, D.C. (Source: Shutterstock)

The CFPB sued TransUnion and a former executive Tuesday, alleging they violated a 2017 law enforcement order to stop deceptive marketing.

The 106-page lawsuit filed in a federal district court in Chicago named TransUnion, two of its subsidiaries and John Danaher, who was president of one of the subsidiaries. The CFPB claimed TransUnion and Danaher violated a 2017 order was issued to stop the company from engaging in deceptive marketing, regarding its credit scores and other credit-related products.

Jim DuPlessis

A journalist for decades.

More from this author

 

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2022 ALM Global, LLC. All Rights Reserved.