Home builder Lennar Corporation is facing a new TCPA class action alleging it left prerecorded voicemails offering financing for new homes. The messages were allegedly left without the consent of the consumer and despite Plaintiff being on the national DNC list.
On July 3, the Financial Crimes Enforcement Network (FinCEN) published a notice of proposed rulemaking (NPRM) as part of a broader initiative to “strengthen, modernize, and improve” financial institutions’ anti-money laundering and countering the financing of terrorism (AML/CFT) programs.
Bank of America said its profits fell in the second quarter, as higher interest rates ate into BofA's expenses, including its large consumer banking franchise. But like Goldman Sachs, Bank of America saw a resurgence of activity in its investment banking division which helped make up for some of the weakness in other parts of the bank.
As we wait for a federal privacy law in the U.S., the Land of 10,000 Lakes joins a growing number of states that now have their own laws. As expected, Minnesota’s data privacy law has similarities to other state privacy laws and also a few differences—most notably unique requirements around profiling and data inventories.
he Federal Communication Commission is moving forward with its plan to ban AI robocalls. Commissioners voted unanimously on Wednesday in favor of a Declaratory Ruling that was proposed in late January. Under the measure, the FCC deems robocalls made using AI-generated voices to be "artificial" voices per the Telephone Consumer Protection Act (TCPA). That makes the practice illegal. The ruling takes effect immediately.
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