Consumer Financial Protection Bureau v. Morgan Drexen, Inc.
District Court, C.D. California
1Opinion of the Court
ORDER DENYING DEFENDANTS’ MOTION TO DISMISS
JOSEPHINE L. STATON, District Judge.
Before the Court is a Motion to Dismiss (“Motion”) filed by Defendants Morgan Drexen, Inc. (“Morgan Drexen”) and Walter Ledda. (Doc. 22.) Plaintiff Consumer Financial Protection Bureau (“CFPB”) filed an Opposition, and Defendants replied. (Opp’n, Doc. 25; Reply, Doc. 27.) Having considered the papers and supporting documentation submitted by the parties, heard oral argument, and taken the matter under submission, the Court DENIES Defendants’ Motion.
I. BACKGROUND
A. The CFPB
In 2010, Congress passed and the President…
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