AG Campbell Cancels Crypto Kiosk Crooks
Massachusetts AG Andrea Joy Campbell filed a lawsuit against Bitcoin Depot Operating LLC and its parent, Bitcoin Depot, Inc., alleging the company violated the Massachusetts Consumer Protection Law and related regulations by using deceptive pricing practices at its cryptocurrency kiosks and by failing to take meaningful steps to prevent scam transactions.
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AG Coalition Reaches $17.85M Settlement in Generic Drug Pricing Antitrust Litigation
A coalition of 48 AGs led by Connecticut AG William Tong reached separate settlements with Lannett Company, Inc. and Bausch Health US, LLC/Bausch Health Americas, Inc. in generic-drug antitrust litigation.
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States Oppose OCC Escrow Interest Preemption Proposals
A bipartisan coalition of 23 AGs and several state banking regulators submitted a comment letter urging the OCC to withdraw two proposals addressing mortgage escrow accounts—an escrow rule and a related preemption determination that would preempt certain state laws requiring national banks to pay minimum interest on mortgage escrow accounts.
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FTC Warns Law Firms of Antitrust Risk with DEI Certification Program
The Federal Trade Commission issued warning letters to 42 law firms regarding potential antitrust concerns tied to participation in Diversity Lab’s “Mansfield Certification” program, citing risks of competitor coordination in labor markets.
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AG Bird Sues PBMs and Insulin Manufacturers over Alleged Pricing Scheme
Iowa AG Brenna Bird filed a lawsuit against multiple pharmacy benefit managers (PBMs) and insulin manufacturers, alleging the companies violated Iowa’s Consumer Fraud Act by artificially inflating diabetes drug prices for Iowa consumers.
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CT Scores Consumer Protection Wins in Cox-Charter Merger Settlement
Connecticut AG William Tong and the Connecticut Office of Consumer Counsel entered into a proposed settlement with Charter, Cox Communications, and Cox Enterprises in connection with Charter’s change-of-control application before the Connecticut Public Utilities Regulatory Authority as a result of Charter’s acquisition of Cox operations in the state.
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