The State AG Report – 10.6.2022

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Arizona AG Fines Google $85 Million Over Alleged Deceptive Location Tracking

Arizona AG Mark Brnovich reached a settlement agreement with Google to resolve allegations that the internet search and technology company unlawfully obtained users’ location data and used that information to sell advertisements and analyze their effectiveness in violation of the Arizona Consumer Fraud Act.
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FTC and State AG Coalition Sue Syngenta, Corteva Over Alleged Generic Competitor Blocking

The FTC and a bipartisan coalition of AGs from ten states sued pesticide manufacturers Syngenta Crop Protection and Corteva, Inc. over allegations that the companies paid distributors to block competitors from selling cheaper generic versions of their products to farmers.
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AGs File Suit Over Student Debt Cancellation

Missouri AG Eric Schmitt led AGs from Nebraska, Arkansas, Iowa, Kansas, and South Carolina in suing President Biden, Secretary of Education Miguel Cardona, and the United States Department of Education alleging that the Biden Administration’s student loan cancellation program, announced on August 24, 2022, is illegal.
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Texas AG Paxton Joins Multistate Investigation of S&P Global’s ESG Ratings

Texas AG Ken Paxton issued a Civil Investigative Demand under the Texas Deceptive Trade Practices-Consumer Protection Act to S&P Global, Inc., a credit rating agency, seeking documents and information regarding S&P’s use of Environmental, Social, and Governance ratings in its credit ratings analysis.
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Maryland, Securities Regulators Settle With BlockFi Over Alleged Failure to Register When Selling Crypto Securities

Maryland AG Brian Frosh and the Securities Commissioner of Maryland joined other state securities regulators and the US Securities and Exchange Commission in reaching a settlement with digital-asset financial services company BlockFi Lending LLC to resolve allegations that BlockFi illegally sold unregistered securities in the form of interest-bearing digital assets.
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Missouri AG Schmitt Sues Residential Solar Power Company for Alleged Misrepresentations, Shoddy Installations

Missouri AG Eric Schmitt sued residential solar energy company Power Home Solar, LLC over allegations that Power Home used false promises, misrepresentation, and omissions, among other things, in the marketing, sales, installation, and service of its residential solar power systems in violation of the Missouri Merchandising Practices 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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