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California Court Issues Final Statement of Decision Rejecting DFPI “True Lender” Theory Against OppFi
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Consumer Finance Monitor
Consumer Finance MonitorCalifornia Court Issues Final Statement of Decision Rejecting DFPI “True Lender” Theory Against OppFi
In a significant victory for bank-fintech partnership models, the Los Angeles County Superior Court on May 19, 2026 has now issued its final Statement of Decision granting summary judgment in favor of Opportunity Financial, LLC (“OppFi”) in its long-running litigation with the California Department of Financial Protection and Innovation (“DFPI”). The final opinion follows the […]
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