Federal Lawsuit Over Credit Card Late Fee Limits Returns to Texas Court
Fort Worth, Texas – A federal lawsuit challenging the new limits on credit card late fees will continue to be heard in Texas. The U.S. Court of Appeals for the Fifth Circuit decided on Friday to reverse the previous ruling by federal Judge Mark Pittman, who had moved the case to Washington, D.C. Pittman had argued that the case should not be heard in Texas since the majority of the plaintiffs and attorneys involved, as well as the Consumer Financial Protection Bureau (CFPB), have ties to D.C. The lawsuit was filed by the U.S. Chamber … Read more