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Oregon DOJ outlines UTPA enforcement after MV Realty refunds; AG adviser cites $8 million returned to consumers
Summary
At a Nov. 18 informational hearing, Leslie Wu of the Oregon Department of Justice summarized how the Unlawful Trade Practices Act is used and described a recent MV Realty enforcement that the office says refunded nearly $8 million to 669 Oregonians affected by deceptive real-estate contracts.
Leslie Wu, policy advisor for Attorney General Dan Rayfield, told the House Interim Committee on Commerce to Consumer Protection on Nov. 18 that Oregon’s Unlawful Trade Practices Act (UTPA) is a primary tool for pursuing deceptive business practices and protecting consumers.
Wu opened with a recent enforcement narrative: a company she identified as MV Realty ran allegedly deceptive advertising campaigns and used lengthy, confusing contracts that, she said, left homeowners bound to the firm as a listing agent for decades. "We are refunding nearly $8,000,000 in value to 669 different Oregonians who were taken advantage of by this company," Wu said, describing restitution secured after the office’s UTPA inquiry.
The presentation explained the statute’s structure and who may enforce…
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