OneMain says lawsuit brought by states ‘meritless’

OneMain (OMF) Financial issued the following comment regarding the “meritless” lawsuit brought by states: “The states’ allegations are simply untrue — their case is wrong on the facts and wrong on the law and attempts to relitigate issues that were already reviewed by the Consumer Financial Protection Bureau and fully resolved. We operate honestly and transparently, in full compliance with all laws and regulations, as we provide responsible and much needed access to credit for hardworking Americans. This matter does not change how we operate our business or serve our customers. We will litigate this case vigorously and look forward to proving the truth in court.”