AG James announced a settlement with a network of 25 predatory lending companies controlled by Yellowstone Capital and its officers that will deliver over $534 million in debt relief and provide at least $16 million in restitution to small businesses across New York and the country that Yellowstone targeted with illegal high-interest loans. 

“Targeting small businesses with predatory loans and outrageous interest rates threatens the livelihoods of hardworking business owners and their employees […]My office has put an end to these predatory loans and secured over $534 million in debt relief for businesses that were harmed, helping them stay open and continue to thrive as the engine of our economy." – AG James

https://ag.ny.gov/press-release/2025/attorney-general-james-announces-1-billion-settlement-predatory-lender