WASHINGTON, Aug. 24, 2013 (GLOBE NEWSWIRE) — First thing’s first. Morgan Drexen has asked a federal judgeto put a stop to a lawsuit filed this week by the Consumer Financial Protection Bureau (CFPB) until the agency’s constitutionality can be determined. On Tuesday, the CFPB filed a complaint against Morgan Drexen in a California federal court, essentially defying a request from a District of Columbia judge not to pursue legal action until she issues a ruling on the agency’s constitutional legitimacy.

The ...

Continue Reading → Share

On Tuesday, August 20, 2013, the Consumer Financial Protection Bureau (CFPB) filed a lawsuit against Morgan Drexen and company CEO Walter Ledda.  The complaint, filed in California federal court, accused the company of violating consumer finance protection laws.  Morgan Drexen views this lawsuit as a retaliatory move against a company that is questioning the agency’s very authority.

“We think there are some scurrilous allegations in this complaint,” said Randall K. Miller, the lawyer representing Morgan Drexen. “Our business happens to be ...

Continue Reading → Share

FOR IMMEDIATE RELEASE

CFPB Attempting To Avoid Its Date With Destiny With Lawsuit Against Legal Support Services Provider
Agency is obligated to answer the question – is the agency constitutional – on Tuesday, August 27th. A week prior, it has filed a separate lawsuit against Morgan Drexen.

CONTACT: Karen Carlson
Morgan Drexen
800-868-1458 x212
[email protected]

(Costa Mesa, CA) — Morgan Drexen issued a response to a lawsuit filed in California by the Consumer Financial Protection Bureau Tuesday, a week before the agency is ...

Continue Reading → Share