The State AG Report – 10.26.2023

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Bipartisan AGs Step Up to the Plate to Challenge Baseball Antitrust Exemption

A bipartisan group of 18 AGs, led by Connecticut AG William Tong, filed an amicus brief encouraging the U.S. Supreme Court to grant the petition for writ of certiorari in Tri-City Valleycats, Inc. v. Office of the Commissioner of Baseball, No. 23-283, which challenges a series of Supreme Court decisions from the last century that exempt professional baseball from all state and federal antitrust laws.
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AGs Argue Jackson Hewitt Must be Held to Account for No-Poach Agreements

A coalition of 19 Democratic AGs, led by New Jersey AG Matthew Platkin, filed an amicus brief in the U.S. District Court for the District of New Jersey in support of former tax preparers for Jackson Hewitt, Inc., who allege they were harmed by no-poach agreements signed with the tax preparation chain.
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New York AG Alleges Fraud was the Genesis of $1 Billion in Crypto Losses

New York AG Letitia James filed a lawsuit against cryptocurrency companies Gemini Trust Company, LLC; Genesis Global Capital, LLC and its affiliates; Digital Currency Group, Inc.; and the CEOs of Genesis and DCG alleging that the collective defendants violated the Martin Act and the New York Executive Law, as well as state criminal laws, by engaging in fraudulent and deceptive conduct towards investors and the public.
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Texas AG Warns Governmental Entities Not to Contract with Prohibited Companies

Texas AG Ken Paxton issued an advisory letter regarding state laws prohibiting governmental entities from contracting with businesses that boycott energy companies, discriminate against firearm entities or associations, or boycott Israel.
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CFPB Proposes Financial Data Rights Rule to Promote Open Banking

The CFPB proposed a new rule to encourage a shift towards open and decentralized banking by requiring depository and nondepository entities to make available to consumers and authorized third parties certain data relating to consumers’ transactions and accounts.
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AG Ellison Seeks to Dissolve Nonprofits that Profited at Expense of Needy Children

Minnesota AG Keith Ellison filed 23 lawsuits seeking to shut down nonprofit corporations that allegedly defrauded the Federal Child Nutrition Program by falsely claiming to serve meals to children in need while pocketing the funds received.
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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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