In November 2020, Yodlee and its parent company Envestnet filed separate motions to dismiss the class action lawsuit brought over Yodlee’s alleged data collection and use practices. Yodlee’s motion to dismiss argued that plaintiffs failed to state a claim under Federal Rule of Civil Procedure 12(b)(6), while Envestnet argued that its status as the parent
Courtney Achee assists clients across industries with litigation and compliance needs. Courtney advises clients on compliance obligations under federal statutes and regulations, state privacy and data security laws, global data protection laws, and industry standards including GLBA, FCRA, FACTA, TCPA, CAN-SPAM, UDAP/UDAAP, COPPA, CCPA, GDPR, Privacy Shield, PCR, PCI DSS, and other laws.
Courtney has also assisted financial institutions with regulatory examinations conducted by the Consumer Financial Protection Bureau (CFPB), including examinations on regulations such as TILA RESPA Integrated Disclosures Act (TRID) and Know Before You Owe.
Consumers are more aware than ever of data privacy and security issues. As technology develops, vast quantities of data are collected on individuals every minute of every day. Customers trust their institutions to keep the troves of financial data on them private and secure.
Wesch v. Yodlee, Inc. and Envestnet, Inc.
A recent class action…
The most intimate information can be found in the data on our cellphones and laptops, from geo-location data to search history. The level of privacy protections afforded to electronic data and communications have been unclear and ambiguous for years, but after this election, Michigan now has some clarity.
On November 03, 2020, Proposal 2 was…