The State AG Report – 1.26.2023

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Google Sued by States and U.S. DOJ over Alleged Anticompetitive Conduct in Digital Ad Tech Space

A bipartisan coalition of eight AGs and the U.S. Department of Justice filed an antitrust suit against Google LLC alleging anticompetitive, monopolistic conduct regarding digital advertising technologies in violation of the Sherman Act.
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Crypto Company Nexo Pays over $24 Million to States to Settle Registration Status Allegations

New York AG Letitia James and securities regulators from nine other states announced a settlement with cryptocurrency companies Nexo Inc. and Nexo Capital Inc. for up to $24 million to resolve allegations that Nexo engaged in the unregistered offer and sale of securities and misrepresented its registration status to investors.
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FTC Finalizes Consent Order with Credit Karma over Deceptive “Pre-Approval” Claims

The FTC finalized a consent order with credit services company Credit Karma, LLC to resolve allegations that the company violated the FTC Act by misrepresenting to consumers that they have been “pre-approved” for third-party financial products when they had not.
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AG Josh Stein Throws Hat into North Carolina Gubernatorial Race

North Carolina AG Josh Stein launched his campaign for governor in November 2024. Stein is seeking to succeed Democratic governor Roy Cooper (himself a former AG), who is term-limited from seeking reelection.
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AGs Pen Letter in Support of EPA Finding on Dangers of Aircraft Fuel Lead Emissions

A group of 12 AGs wrote a comment letter to the EPA in support of the agency’s proposed finding that lead emissions from aircraft fuel cause or contribute to air pollution that may reasonably be anticipated to endanger public health or welfare.
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Washington AG Recovers Additional $9.3 Million in Stolen Unemployment Funds

Washington AG Bob Ferguson announced that his office has recovered an additional $9.3 million in money stolen as part of a nationwide pandemic unemployment fraud scheme perpetrated against the state’s Employment Security Department.
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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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