Consumer Financial Protection Bureau v. MoneyLion Technologies Inc. et al

Track this case

Case Number:

1:22-cv-08308

Court:

New York Southern

Nature of Suit:

Other Statutory Actions

Judge:

John P. Cronan

Firms

Government Agencies

  1. July 12, 2024

    Loper Bright Is Shaking Up Dozens Of Regulatory Fights

    In the two weeks since the U.S. Supreme Court overturned Chevron deference, the landmark decision has emerged as a live issue in dozens of administrative challenges, with federal courts already pausing agency regulations expanding LGBTQ+ rights in education and healthcare and with a wave of parties seeking to use the new decision to win their cases.

  2. July 12, 2024

    MoneyLion Cites High Court Rulings In Bid To Toss CFPB Suit

    MoneyLion Technologies Inc. told a New York federal judge on Friday that two recent U.S. Supreme Court rulings, including the reversal of the so-called Chevron deference doctrine, support the challenge to military lending regulations it is accused of violating in a lawsuit by the Consumer Financial Protection Bureau.

  3. December 04, 2023

    CFPB's MoneyLion Suit Halted For Justices' Funding Ruling

    A New York federal judge has agreed to pause a Consumer Financial Protection Bureau lawsuit over MoneyLion Technologies Inc.'s membership offerings, putting the case on hold while the U.S. Supreme Court mulls a pending constitutional challenge to the agency.

  4. January 11, 2023

    MoneyLion Pans CFPB's 'Haphazard' Military Lending Act Suit

    MoneyLion Technologies asked a New York federal judge Tuesday to toss the Consumer Financial Protection Bureau's allegations that it violated the Military Lending Act by gouging service-member borrowers, contending the "haphazard" suit fails to state a claim and that the agency itself is unconstitutional.

  5. September 29, 2022

    CFPB Says MoneyLion Loans Gouged Military Borrowers

    The Consumer Financial Protection Bureau sued MoneyLion Technologies Inc. in New York federal court on Thursday, alleging that the fintech company has overcharged military borrowers of its online loans and trapped consumers in paid memberships.