Venable attorneys Ellen Berge, Alexandra Megaris, and Jonathan Pompan will present “When Can the FTC, and CFPB, State Consumer Credit Regulators Pierce the Corporate Veil?” at the 2022 OLA Legal Issues Conference on February 16, 2022. Owners, members, directors, officers, and even employees are not automatically shielded from liability for violations of consumer protection laws committed by the company. The FTC and CFPB routinely name individuals in enforcement actions, the vast majority of which are nonadjudicated settlements. Panelists will discuss the legal standards the agencies must meet in order to successfully hold individuals liable for corporate transgression, the practical implications of being a named defendant in a law enforcement action, and ways to mitigate your risk.
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