TMX Unit Can't Sue In Texas To Void $52M Pa. Fine, Court Told <https://www.law360.com/fintech/articles/1887888?nl_pk=d2b3e7ef-ab62-4a62-804a-08b1615aa913&utm_source=newsletter&utm_medium=email&utm_campaign=fintech&utm_content=2024-10-09&read_main=1&nlsidx=0&nlaidx=2>
By Katryna Perera The secretary of the Pennsylvania Department of Banking and Securities has urged a Texas federal judge to toss a suit from an affiliate of consumer lending company TMX Finance, challenging an order from the department seeking more than $52 million in civil penalties over claims tied to loan agreements that allegedly carry interest rates up to 720%. Motion attached | Read full article » <https://www.law360.com/fintech/articles/1887888?nl_pk=d2b3e7ef-ab62-4a62-804a-08b1615aa913&utm_source=newsletter&utm_medium=email&utm_campaign=fintech&utm_content=2024-10-09&read_more=1&nlsidx=0&nlaidx=2> | Save to favorites » <https://www.law360.com/fintech/articles/1887888?nl_pk=d2b3e7ef-ab62-4a62-804a-08b1615aa913&utm_source=newsletter&utm_medium=email&utm_campaign=fintech&utm_content=2024-10-09&read_later=1&nlsidx=0&nlaidx=2>
