Attorney General Consumer Protection News: March 2022
Multistate Actions A bipartisan coalition of attorneys general announced a nationwide investigation of TikTok to determine whether the company violated state consumer protection laws that put the public, especially young children and young adults, at risk. The investigation is led by attorneys general from California, Florida, Kentucky, Massachusetts, Nebraska, New Jersey, Tennessee, and Vermont. On…
Attorney General Consumer Protection News: February 2022
Multistate Actions The $26 billion national opioid agreement was confirmed by the nation’s three major pharmaceutical distributors – Cardinal, McKesson, and AmerisourceBergen – and Johnson & Johnson. Fifty-two states and territories have signed onto the agreement. Following successful state sign-on and subdivision sign-on periods, the defendants have committed to the deal and will start releasing…
Work Smarter, Not Harder: Using Data in Charity Enforcement
Access to information and analysis of data can enable regulators to target enforcement efforts effectively for increased impact. Learn about the kinds of data available, and how it can be used in a major enforcement initiative or in an existing investigation. Hear about some interesting state enforcement efforts using data from state enforcement officials and…
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Charity Regulation and Oversight of 501(c)(4) Social Welfare Organizations
State attorneys general and other charity regulators have clear authority and responsibility for the oversight of charitable organizations. Usually, these organizations are recognized as tax exempt by the IRS under IRC Sec. 501(c)(3). But what about social welfare organizations that are tax exempt under 501(c)(4)? This webinar addresses the following: What are 501(c)(4) organizations and…
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Attorney General Consumer Protection News: January 2022
Multistate Actions Led by California Attorney General Rob Bonta, Illinois Attorney General Kwame Raoul, Massachusetts Attorney General Maura Healey, and Pennsylvania Attorney General Josh Shapiro, a bipartisan coalition of 39 attorneys general obtained a $1.85 billion settlement with student loan servicer Navient. Under the settlement, Navient will make a total of $95 million in restitution…
Attorney General Consumer Protection News: December 2021
Multistate Actions Led by Idaho Attorney General Lawrence Wasden and Oregon Attorney General Ellen Rosenblum, a bipartisan coalition of 33 attorneys general wrote the Consumer Financial Consumer Protection Bureau (CFPB), calling for stronger consumer safeguards for money sharing platforms and apps. The letter, written in response to the CFPB’s request for comments on its inquiry…
Attorney General Consumer Protection News: November 2021
Multistate Actions A multistate investigation of Instagram led by a bipartisan group of 8 attorneys general from California, Florida, Kentucky, Massachusetts, Nebraska, New Jersey, Tennessee, and Vermont was announced. The attorneys general are investigating Meta Platforms, Inc., formerly known as Facebook, for providing and promoting Instagram to children and young adults despite allegedly knowing that…
Federal Consumer Protection News: October 2021
Consumer Financial Protection Bureau The U.S. Senate voted to confirm Rohit Chopra as the third Director of the Consumer Financial Protection Bureau (CFPB). Chopra was serving as FTC Commissioner, a post he had held since 2018. Chopra issued a statement after he was sworn in, emphasizing “the essential role” the agency plays “within the Federal…
Press Invited to Attend Annual Charities Conference
WHO: The National Association of Attorneys General (NAAG) is hosting a virtual charities conference in partnership with the National Association of State Charity Officials (NASCO). WHAT: The conference is the only annual event at which charity regulators and nonprofit organizations and their attorneys, accountants, fundraisers, and advisers have the opportunity to meet, hear about, and…
Federal Consumer Protection News: September 2021
Consumer Financial Protection Bureau The Consumer Financial Protection Bureau (CFPB) settled with student lender Better Future Forward, Inc., an income share agreement (ISA) provider for mispresenting its product and failing to comply with federal consumer financial law that governs private student loans. Under ISAs, students agree to pay a percentage of their income for a…
