It is safe to say 2025 is expected to be a busy year for California Attorney General Rob Bonta (CA AG). We anticipate that the CA AG will increase enforcement activity this year with wide-reaching and broad investigations...more
2/11/2025
/ Antitrust Provisions ,
Artificial Intelligence ,
California ,
Climate Change ,
Competition ,
Consumer Privacy Rights ,
Data Privacy ,
Enforcement ,
Enforcement Actions ,
Environmental Policies ,
Environmental Protection Agency (EPA) ,
Investigations ,
State Attorneys General ,
Technology ,
Technology Sector
Morrison Foerster partner Carrie H. Cohen, global co-chair of the Investigations + White Collar Defense Group and State + Local Government Enforcement team, spoke with Christine Wong, a partner in MoFo’s Investigations +...more
1/23/2025
/ Artificial Intelligence ,
Consumer Fraud ,
Consumer Protection Laws ,
Data Privacy ,
Enforcement Actions ,
Healthcare Fraud ,
Privacy Laws ,
Robocalling ,
Social Media ,
State Attorneys General ,
White Collar Crimes
Morrison Foerster’s State and Local Government Task Force is pleased to provide our bimonthly newsletter summarizing some of the most important and interesting developments from state attorneys general (State AGs) across the...more
1/9/2025
/ American Bar Association (ABA) ,
Artificial Intelligence ,
Biometric Information ,
Class Action ,
Competition ,
Data Privacy ,
Diversity ,
Environmental Social & Governance (ESG) ,
Facial Recognition Technology ,
FCC ,
Investment Management ,
PFAS ,
Popular ,
Privacy Laws ,
Robocalling ,
State Attorneys General ,
Telecommunications ,
Textiles ,
The Clayton Act ,
Trump Administration
The year 2024 remained a busy one for state attorneys general (State AGs) and 2025 promises to be even busier. To assist in-house counsel, compliance professionals, and defense lawyers navigate the 2025 State AG enforcement...more
1/7/2025
/ Antitrust Violations ,
Artificial Intelligence ,
Consumer Protection Laws ,
Cybersecurity ,
Department of Justice (DOJ) ,
Disclosure Requirements ,
Emerging Technologies ,
Environmental Policies ,
False Claims Act (FCA) ,
Financial Industry Regulatory Authority (FINRA) ,
Merger Controls ,
Monopolization ,
Securities and Exchange Commission (SEC) ,
Securities Fraud ,
Social Media ,
State Attorneys General ,
Trump Administration ,
Unfair or Deceptive Trade Practices
The ECCP is intended to assist federal prosecutors in determining whether a corporation’s compliance program was effective at the time of the alleged offense(s) and, if not, what type of enforcement, monetary penalty, and...more
An interview with Christine Wong, Partner at MoFo by Richard Hsu...more
On March 18, 2024, the SEC announced—in videos posted on YouTube and Twitter—regulatory actions against two investment advisers for “AI washing,” a practice defined by the SEC as “making false artificial intelligence-related...more
3/21/2024
/ Anti-Fraud Provisions ,
Artificial Intelligence ,
Enforcement ,
Environmental Social & Governance (ESG) ,
Financial Industry Regulatory Authority (FINRA) ,
Investment Adviser ,
Investment Advisers Act of 1940 ,
Investment Funds ,
NASAA ,
Registered Investment Advisors ,
Securities and Exchange Commission (SEC) ,
SIFMA
On October 4, 2023, Martin Estrada, U.S. Attorney for the Central District of California (CDCA), announced the formation of a Corporate and Securities Fraud Strike Force (the “Strike Force”), a new CDCA section designed to...more
Key Takeaways-
•On March 1, 2023, the Assistant Attorney General (“AAG”) for the Criminal Division of the U.S. Department of Justice (“DOJ”), Kenneth A. Polite, Jr., issued a revised memorandum on the imposition and...more
On March 3, 2023, the Criminal Division of the U.S. Department of Justice ("DOJ") revised its Evaluation of Corporate Compliance Programs or ECCP (the “March 2023 ECCP”) for the first time since June 2020....more
On December 27, 2022, in United States v. Blaszczak (“Blaszczak II”), the U.S. Court of Appeals for the Second Circuit called into question what constitutes “property” in cases of securities fraud, wire fraud and theft of...more
On January 17, 2023, the Assistant Attorney General (AAG) for the Criminal Division of the U.S. Department of Justice (DOJ), Kenneth Polite, Jr., announced that DOJ had made “significant changes” to its Corporate Enforcement...more
While the match is not final for former college soccer player Noriana Radwan who sued the University of Connecticut for sex discrimination, the Second Circuit Court of Appeals, citing an amicus brief filed by Morrison...more
Recent scrutiny of interlocking directorates – when a person serves as an officer or board director of two competing corporations – by the U.S. Department of Justice Antitrust Division (DOJ) and the Federal Trade Commission...more
On September 28, 2022, the Assistant Attorney General for the Criminal Division of the United States Department of Justice (DOJ) joined the Inspector General for the United States Department of Health and Human Services...more
Speaking at a Compliance Week event on May 17, 2022, Assistant Attorney General (“AAG”) Kenneth Polite reaffirmed that companies that “take compliance seriously” can expect a reduced likelihood that investigators will impose...more
Following President Biden’s March 9, 2022 “Executive Order on Ensuring Responsible Development of Digital Assets,” on May 4, 2022, California Governor Gavin Newsom issued his own “Blockchain Executive Order to Spur...more
5/10/2022
/ Banks ,
Blockchain ,
Credit Unions ,
Cryptocurrency ,
Digital Assets ,
Executive Orders ,
Governor Newsom ,
New Regulations ,
Popular ,
Regulatory Agenda ,
Rulemaking Process ,
Self-Reporting ,
Technology
In the first year of the Biden administration, leadership at the U.S. Department of Justice (DOJ), U.S. Securities and Exchange Commission (SEC), and other U.S. government agencies announced expansive efforts to investigate...more
3/16/2022
/ Bribery ,
California ,
Coronavirus/COVID-19 ,
Corporate Crimes ,
Department of Defense (DOD) ,
Department of Justice (DOJ) ,
Employee Misconduct ,
Enforcement ,
Federal Contractors ,
GAO ,
Paycheck Protection Program (PPP) ,
Procurement Collusion Strike Force ,
Securities and Exchange Commission (SEC) ,
White Collar Crimes
In the case that tested the limits of the “fake it till you make it” approach to a startup business, on January 3, 2022, a jury in the U.S. District Court for the Northern District of California convicted Elizabeth Holmes,...more
1/5/2022
/ Blood Tests ,
Department of Defense (DOD) ,
False Statements ,
Fraud ,
Healthcare ,
Investors ,
Laboratories ,
Logos ,
Pharmaceutical Industry ,
Technology ,
Theranos ,
Third-Party ,
Whistleblowers ,
Wire Fraud
The U.S. Securities and Exchange Commission (SEC) recently awarded approximately $36 million to a whistleblower who was culpable in the wrongful conduct and delayed reporting information to the agency for five years. The...more
David Anderson, the recently appointed United States Attorney for the Northern District of California, has announced a corporate fraud “strike force” designed to pursue the “investigation and prosecution of corporate fraud...more