Consumer Financial Protection Bureau v. Cashcall, Inc.

FOR PUBLICATION

UNITED STATES COURT OF APPEALS

FOR THE NINTH CIRCUIT

CONSUMER FINANCIAL No. 23-55259

PROTECTION BUREAU,

D.C. No. Plaintiff-Appellee, 2:15-cv-07522- v. JFW-RAO

CASHCALL, INC.; WS FUNDING, ORDER AND

LLC; DELBERT SERVICES AMENDED

CORPORATION; J. PAUL OPINION

REDDAM,

Defendants-Appellants.

Appeal from the United States District Court for the Central District of California John F. Walter, District Judge, Presiding Argued and Submitted March 20, 2024 San Francisco, California Filed January 3, 2025 Amended April 24, 2025 Before: John B. Owens, Ryan D. Nelson, and Eric D. Miller, Circuit Judges. Order; Opinion by Judge Miller; Concurrence by Judge R. Nelson 2 CFPB V. CASHCALL, INC.

SUMMARY *

Seventh Amendment / Restitution Award

The panel affirmed the district court’s judgment, on remand from this court, ordering CashCall, Inc. to pay more than $134 million in legal restitution. The Consumer Financial Protection Bureau brought an action alleging that CashCall had engaged in an “unfair, deceptive, or abusive act or…