New Jersey Orders Crypto Sellers to Stop Making Allegedly Misleading Marketing Claims Invoking AI & Tech Personalities
New Jersey AG Matthew Platkin announced a Cease and Desist Order issued to The Shark of Wall Street and Hedge4.ai, and an affiliated individual, ordering the companies to stop misleadingly marketing unregistered cryptocurrencies and nonfungible tokens in violation of the state’s securities law and regulations.
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AG Cameron Wins Kentucky GOP Gubernatorial Nomination; Fernandes Named Hawaii Solicitor General
Kentucky AG Daniel Cameron won the Republican primary to secure the GOP nomination for governor.
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D.C. AG Schwalb Settles with Fintech Platform over Usurious “Tipping” Model
District of Columbia AG Brian Schwalb settled with SoLo Funds, Inc. to resolve allegations that the fintech platform violated the District’s Consumer Protection Procedures Act and usury statute by deceptively charging consumers exorbitant interest rates disguised as “tips” and “donations.”
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Republican AGs Oppose SEC Efforts to Regulate Cryptocurrencies
A group of twelve Republican AGs wrote a comment to the SEC opposing a proposed rule that would expand the Commission’s authority by allowing it to regulate cryptocurrencies.
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CVS Settles with Massachusetts AG for $6.15 Million over Alleged Workers’ Compensation Pricing Violations
Massachusetts AG Andrea Campbell settled with CVS Pharmacy, Inc. to resolve allegations that the company billed payors of workers’ compensation claims for prescription drugs in excess of amounts permitted by Massachusetts workers’ compensation laws and regulations.
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AGs Settle with EyeMed for $2.5 Million after Allegedly Lax Data Security Lead to Data Breach
The AGs of Oregon, New Jersey, Florida, and Pennsylvania settled with EyeMed Vision Care LLC to resolve allegations that the company violated state consumer protection and personal information protection laws, as well as the federal Health Insurance Portability and Accountability Act, by improperly securing consumer health data that was subsequently compromised in a data breach.
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Google Settles with Texas AG for $8 Million over Allegedly Deceptive Pixel 4 Radio Endorsements
Texas AG Ken Paxton settled with Google LLC to resolve allegations that the company aired false endorsements of its Pixel 4 cell phone.
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