Three U.S. Supreme Court decisions released this week are particularly relevant to State AGs and the scope of state power. Yesterday, in a much anticipated decision, the Supreme Court largely upheld President Obama’s Patient Protection and Affordable Care Act, concluding that the “individual mandate” is a constitutional validly-enacted tax pursuant to Congress’ taxing power. In… Continue Reading
Monthly Archives: June 2012
State AGs in the News
Posted in Consumer Protection, Environment, Medicaid FraudConsumer Protection NY AG Obtains $410 Million Settlement with Alleged Madoff Ponzi Scheme Middleman New York AG Eric Schneiderman announced this week that his office has obtained a record $410 million settlement with J. Ezra Merkin, who controlled funds that invested over $2 billion with Bernie Madoff on behalf of hundreds of investors and charitable… Continue Reading
State AGs in the News
Posted in Consumer Protection, Environment, For-Profit Colleges, Medicaid Fraud, SecuritiesConsumer Protection Maryland AG Announces Damages Award Against Robocallers Maryland AG Doug Gansler announced last month that the United States District Court in Maryland awarded the Attorney General’s office $1,010,000 in damages for violations of the Telephone Consumer Protection Act as a result of alleged robocalls conducted by Julius Henson and his company, Universal Elections,… Continue Reading
CFPB Continues to Collaborate with State AGs Concerning Student Loan Data and Complaints
Posted in Consumer ProtectionState AGs now are being solicited by the Consumer Financial Protection Bureau (CFPB) for information regarding borrower complaints about private student loan lending as part of the CFPB’s recent increased scrutiny into this area. Last week the CFPB issued a notice in the Federal Register and wrote to State AGs, colleges, universities, and consumer advocacy… Continue Reading
State AGs in the News
Posted in Consumer Protection, Data Privacy, Employment, Environment, Mortgages/ForeclosuresConsumer Protection Iowa AG Obtains Consent Judgment Banning Arizona Company from Offering Foreclosure Services in the State Iowa AG Tom Miller announced that his office recently obtained a consent judgment enjoining Bruce Spurlock, the co-owner of the now-defunct Arizona-based company Discount Mortgage Relief and Mortgage Relief LLC, from engaging as a foreclosure consultant in any… Continue Reading
State AGs in the News
Posted in Consumer Protection, Environment, Medicaid FraudConsumer Protection Colorado AG Obtains Final Agency Order for Over $10 Million in Civil Penalties for Unlawful Debt Management Practices Colorado AG John Suthers announced that his office has obtained a final agency order for civil penalties against Credit Solutions of America, LLC and its president for unregistered and unlawful debt management practices. The settlement… Continue Reading
States’ Use of Mortgage Settlement Money a Repeat of Tobacco Settlement Diversion
Posted in Mortgages/ForeclosuresIn these times of state government budget shortfalls, some States are deciding to use their portion of the massive $25 billion national mortgage settlement to make up for budget shortfalls rather than to provide aid to homeowners. According to a May 15, 2012 report from Enterprise Community Partners, a national affordable housing group, 27 States… Continue Reading
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