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Pier 1 Plans Sale As It Goes Bankrupt

PYMNTS

The Fort Worth, Texas-based retailer franchise said it filed for chapter 11 protection Monday in U.S. Wells Fargo National Association and Pathlight Capital LP will allow the company to operate while finalizing sales. Its largest shareholders are Charles Schwab Investment Management and Dimensional Fund Advisors LLP. .

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CFPB announces new appointments to advisory groups

CFPB Monitor

Lynn Drysdale, Managing Attorney, Consumer Law Unit, Jacksonville Area Legal Aid, Inc., Retail Bank, Citibank, New York, NY. Arjan Schutte, Founder and Managing Partner, Core Innovation Capital, Los Angeles, CA. Ricardo Ledezma, Corporate Compliance Assurance Manager, San Antonio Federal Credit Union, San Antonio, TX.