Experian was sued by the Consumer Financial Protection Bureau, which accused the Costa Mesa-based credit bureau of failing to properly probe consumer disputes.

The CFPB has sued Experian, claiming the company failed to properly investigate consumer credit report disputes.

The Consumer Financial Protection Bureau sued Experian (OTCQX:EXPGY) (OTCQX:EXPGF) for failing to investigate consumer disputes properly, the agency said on Tuesday. "The CFPB alleges that Experian does not take sufficient steps to intake,