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Linton v. Consumer Protection Division

In 2018, a Maryland state court approved a class-action settlement agreement brought by, among others, victims of lead-paint poisoning who alleged wrongdoing by a company and related persons who purchased the victims’ structured settlement payments that had been awarded for their lead-related injuries.  The settlement agreement purported to release the Bureau’s claims in a pending Bureau enforcement action alleging similar conduct, to enjoin class members from receiving any benefits from the Bureau’s action, and to assign to the parties who caused the class members’ injuries all benefits the Bureau may obtain for class members in the Bureau’s action.  The Bureau filed a motion in the Maryland Court of Appeals seeking permission to file a proposed amicus brief arguing that permitting the approval of such a settlement agreement would interfere with the Bureau’s authority to remediate consumer harm under the Consumer Financial Protection Act.

Full brief

Linton v. Consumer Protection Division