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A crackdown didn’t stop this payday lender from cashing in on poor Ohioans
A Canton man borrowed $300 just as businesses began to close in the pandemic. He said he paid $780 on the loan with another $300 due. A Miamisburg woman said she has paid back $1,400 on a $1,000 loan and still owes more than $700. A Patsakala man said he paid off his $300 loan […]
Judge says lender created a ‘legal fiction’ to skirt payday loan reforms
A Franklin County municipal court judge last week rebuffed a “legal fiction” she said was concocted to evade Ohio’s new payday lending law and ruled against a company seeking to collect the debt. Judge Jodi Thomas, in what she indicated is one of the first major decisions under Ohio’s 2018 payday lending reform, ruled that […]
Ohio companies pay CEOs over workers by factors of hundreds
At least eighteen Ohio companies pay their CEO more than 100 times what they pay their median worker, a new report shows. Those companies pay their CEOs an average of more than $14.5 million per year, according to a report compiling financial data produced by the AFL-CIO, a trade union that advocates for higher worker […]
Former DeWine aide warned governor about utility regulator before the FBI raided his home
More than two years before FirstEnergy Corp. admitted to paying Ohio’s top utility regulator a $4.3 million bribe, Mike DeWine’s former campaign treasurer warned senior aides to the new governor about the eventual nominee’s “opaque and undisclosed” financial ties to the company. The warning came in a 198-page dossier alleging Sam Randazzo — a lawyer […]
Senate Bill would nix overtime pay for emails from home, ‘insignificant’ clocked time
An Ohio Senate committee is reviewing legislation that would shield employers from overtime pay requirements for hourly employees in certain situations. The legislation, introduced by Republican Senators Andrew Brenner and Bob Peterson, would repeal overtime requirements for hours employees spend: Current law requires employers to pay 1.5 times an employee’s wage for hours worked more […]