The bureau was to monitor Bank of America for five years in connection with a $12 million penalty it paid for allegedly ...

The merger condition is a new strategy in the Republican-controlled FTC's fight against alleged advertising boycotts, which ...

The U.S. Federal Trade Commission said on Monday it had accepted a proposed consent order to resolve potential ...

Two more federal agency consent orders tied to Wells Fargo’s prior problems have ended, the bank said Tuesday. But the bank’s asset cap remains in place, a significant penalty that’s ...

The consent order had followed up on a prior OCC action from 2018 that addressed similar problems at the bank. In 2021, Wells was hit with a $250 million civil money penalty for what the OCC called ...

Consent Orders Under the National Labor Relations Act. Historically, once a complaint issued in a ULP, it could be resolved in one of four ways: (1) dismissal by the General Counsel; (2) ...

In 2022, the U.S. Department of Justice, under then-President Joe Biden, entered into a court-ordered agreement with Lakeland Bank to halt redlining in Black and Latino neighborhoods in Newark and ...

On June 2, the U.S. District Court for the Eastern District of Pennsylvania terminated a 2022 consent order and dismissed ...

A consent order comes about when the respondent (i.e., an employer) proposes terms by which to resolve a dispute that the administrative law judge (ALJ) ...

Wells Fargo’s regulators have now closed nine consent orders since 2019, the bank said Tuesday. But Wells Fargo’s biggest punishment remains in effect among its five remaining consent orders ...