The State AG Report – 2.3.2022

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In Memoriam: North Dakota Attorney General Wayne Stenehjem

North Dakota AG Wayne Stenehjem, the state’s longest-serving AG, passed away suddenly at the age of 68 on January 28, 2022.

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New Candidates Join Massachusetts, Colorado Attorneys General Races

Former Boston city councilor Andrea Campbell and workers’ rights lawyer Shannon Liss-Riordan announced their candidacies for the Democratic nomination in the 2022 open-seat race for Massachusetts AG.

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Precious Metals Dealer Sued over Allegations of Fraud and Excessive Fees

A bipartisan group of 27 AGs and the U.S. Commodity Futures Trading Commission sued precious metals trading company Safeguard Metals LLC and its owner (collectively, “Safeguard Metals”) over allegations that it fraudulently solicited nearly $68 million dollars from investors nationwide in violation of the Commodity Exchange Act.
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CFPB Takes Aim at Exploitative and Opaque Fees in the Financial Industry

The CFPB launched a public inquiry aimed at reducing exploitative fees charged by banks and financial companies.

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California’s Net Neutrality Law Remains in Effect During Ongoing Challenge

California AG Rob Bonta obtained a decision in the U.S. Court of Appeals for the Ninth Circuit in ACA Connects, et al. v. Bonta, No. 21-15430, upholding California’s ability to enforce its net neutrality law while it is the subject of ongoing litigation.

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Apple’s Alleged Monopoly in iOS Apps Targeted by Bipartisan Group of Attorneys General

A bipartisan group of 35 AGs, led by Utah AG Sean Reyes, filed an amicus brief in the U.S. Court of Appeals for the Ninth Circuit in Epic Games, Inc. v Apple, Inc., Nos. 21-16506 & 21-16695, in support of Epic’s position that Apple has a monopoly over iOS apps and that it exercises its monopoly power to harm competition in violation of the federal Sherman Act and California’s Cartwright Act.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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