February 22, 2017 - Federal and state authorities have sued XXL Impressions, a South Portland-based supplement company, and others they claim used false advertising to sell health supplements that promised joint pain relief and memory improvements. The U.S. Federal Trade Commission and Maine attorney general’s office on Tuesday filed the lawsuit and...
February 17, 2017 - Alphabet believes it has a lot riding on whom President Trump picks to lead the Federal Trade Commission, several sources close to the situation told The Post. The federal regulator has the power to investigate antitrust issues and could be a thorn in the side of the tech giant. For example, Utah Attorney General Sean Reyes — on Trump’s...
February 10, 2017 - Two former AIG executives have agreed to settle with the Office of the New York Attorney General over their role in misrepresenting the company's finances. As part of the settlement, former CEO Maurice "Hank" Greenberg and former CFO Howard Smith have agreed to return the $9.9 million that they received in bonuses between 2001 and 2004....
February 1, 2017 - Today, lawmakers in the Senate Environment and Public Works Committee are expected to vote on President Donald Trump's nomination Scott Pruitt, Oklahoma's state attorney general whom Trump chose to lead the Environmental Protection Agency. In his current position, Pruitt has frequently sued the agency he hopes to lead, including a...
January 25, 2017 - Peter Thiel, the billionaire venture capitalist and Facebook board member, is leading the Trump administration’s search to fill the government’s two top antitrust enforcement jobs, two people familiar with the matter have told BuzzFeed News. While the process is ongoing, the candidate said to be the preferred choice of another tech...
January 16, 2017 - A lawsuit originated by the state attorney general's office in 2010 against one of the villains in "The Big Short," the book-and-movie depiction of the factors behind the 2008 market collapse, ended Friday with an $864 million national settlement that will bring Connecticut's general fund $31.5 million. Moody's, the nation credit rating...
January 12, 2017 - West Virginia Attorney General Patrick Morrisey filed a lawsuit Thursday alleging that Metro Property Management charged its tenants numerous fees in violation of state consumer protection laws. Metro, the state’s largest residential landlord, primarily caters to students in Morgantown and other campus communities throughout the state....
January 11, 2017 - Hundreds of D.C. residents who paid outrageous interest rates on loans will be getting some of their money back. The D.C. attorney general sued lending company CashCall for illegal loan servicing. And Wednesday, the office announced a multimillion-dollar settlement. The attorney general’s office called it one of the most egregious...
January 5, 2017 - The attorney general’s office filed a lawsuit Wednesday against a Raleigh County pharmacy for allegedly dispensing millions of prescription painkillers over a seven year period despite significant competition. According to the lawsuit, Crab Orchard Pharmacy Inc. in Crab Orchard, provided customers with 4.6 million doses of hydrocodone and...
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