N.Y. Financial Services Law § 1006
* § 1006. Violations. (a) Any litigation funding company found in willful violation of any provision of this article in a specific funding case: (i) waives its right to recover the charges, as defined in subsection (b) of section one thousand one of this article, in that particular case; and (ii) shall be liable for a civil penalty of not more than five thousand dollars for each violation, which shall accrue to the state of New York and may be recovered in a civil action brought by the attorney general.