Pa. Credit Union Association joins suit against Equifax

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A trade group representing Pennsylvania credit unions has joined a class-action lawsuit against Equifax, saying financial institutions will incur years of fraud-related expenses because of the recent data breach at the company.

The Pennsylvania Credit Union Association is one of eight state and regional trade groups to join the suit since the Credit Union National Association filed it Oct. 4.

The complaint alleges that credit unions will be on the hook for costs like canceling and reissuing compromised credit cards, reimbursing members for fraudulent charges, increasing fraudulent activity monitoring and notifying members of fraud on their […] Read more

PA Credit Union Association to join Equifax Litigation

DAUPHIN COUNTY, Pa.– After Equifax was hacked,  more than 145 million Americans’ identities and credit histories were compromised and the Credit Union National Association (CUNA) filed a class-action lawsuit against the company on October 4. The Pennsylvania Credit Union Association (PCUA) has joined the litigation as plaintiffs.

The PCUA Board of Directors’ decision to join the lawsuit came after management conducted a thorough due diligence that determined credit unions and other financial institutions will likely bear long-term costs as a result of the breach. These costs include canceling and reissuing an untold number of compromised cards, reimbursing consumers […] Read more

More housing needed, says realty association

Government initiatives to cool the housing market are starting to have an impact, but Niagara Association of Realtors president Randy Mulder fears any more interference will go too far.

“A slowdown in Toronto has a residual effect in Niagara, for sure,” Mulder said.

It’s reflected in real estate sales published for September, when house sales dropped across Niagara by nearly 36 per cent compared to a year earlier.

He said both the federal and provincial governments have introduced initiatives to reduce escalating housing prices, including a new federal government plan announced earlier this week to add “a stress test to” new mortgage applications.

Starting […] Read more

Pinsent Masons Announces Sponsorship of the Association of Corporate Counsel(ACC)Middle East

(MENAFN Editorial) Law firm to sponsor the largest and most active legal association in the Middle East

Dubai, UAE, July 9, 2017: International law firm Pinsent Masons, which has regional offices in Dubai and Doha, has announced its sponsorship of The Association of Corporate Counsel Middle East (ACC Middle East). As the premier industry association for in-house legal professionals, the sponsorship reinforces Pinsent Masons’ reputation as a leading law firm in the region.

Through its sponsorship, Pinsent Masons will support the ACC Middle East’s efforts to be the premier professional resource for its members. Furthermore, the ACC Middle […] Read more