In U.S. Consumer Financial Protection Bureau v. Pressler & Pressler, LLP, which involved the CFPB's investigation of a law firm's debt collection practices, what was the outcome of the case?

A. The parties entered a Consent Order, under which Pressler paid a fine of $1 million and agreed to halt certain debt collection practices.
B. The case was dismissed as the CFPB has no authority to file suit after investigation of debt collection practices.
C. Pressler was fined and given a citation.
D. The parties entered a Consent Order, under which Pressler agreed to halt certain debt collection practices; however, no fine was agreed upon.


Answer: A

Business

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