California Court Denies DFPI’s Motion for Preliminary Injunction Against OppFi
CFPB Monitor
NOVEMBER 2, 2023
In a lengthy (65-page) order , the California Superior Court in Los Angeles has issued an extremely important decision upholding the legitimacy of bank-model online lending by denying a motion for preliminary injunction filed by the California Department of Financial Protection and Innovation (DFPI) that sought to force fintech Opportunity Financial (..)
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