U.S. consumer bureau sues TransUnion, executive for continued deceptive marketing
2022.04.12 17:17
FILE PHOTO: Signage is seen at the Consumer Financial Protection Bureau (CFPB) headquarters in Washington, D.C., U.S., May 14, 2021. REUTERS/Andrew Kelly/File Photo
WASHINGTON (Reuters) – A top U.S. consumer watchdog filed a lawsuit Tuesday against TransUnion (NYSE:TRU) and one of its top executives, charging the credit reporting agency continued to mislead consumers after being punished in 2017 for the same activity.
The CFPB claimed the company continued to trick people into recurring payments after being previously fined for the activity. John Danaher (NYSE:DHR), who heads one of the company’s subsidiaries, failed to ensure the company stopped that activity, the CFPB said.
A TransUnion spokesperson did not immediately respond to a request for comment.
