State AG Monitor

Category Archives: Mortgages/Foreclosures

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The Giants’ Footsteps: What JP Morgan’s $13 Billion DOJ-State AG Settlement Can Teach Mortgage-Backed Securities Plaintiffs

Posted in Financial Industry, Mortgages/Foreclosures, Securities

State AGs have emerged at the forefront of developing, investigating, and asserting claims against financial companies on behalf of both their states and consumers in the wake of the mortgage and financial crisis. Their influence was on full display this week when a number of AGs acted alongside U.S. DOJ to obtain a record $13 billion… Continue Reading

State AGs in the News

Posted in Antitrust, Consumer Protection, Environment, False Claims Act, Health Care, Insurance, Intellectual Property, Medicaid Fraud, Mortgages/Foreclosures, Pharmaceuticals, State AGs in the News

HOT NEWS Virginia Attorney General Election Closest in State History The only AG race this year, Virginia’s AG race between state Senator Mark Herring (D) and state Senator Mark Obenshain (R) is even closer than the 2005 Virginia AG election in which Bob McDonnell (R) defeated Creigh Deeds by only 360 votes after a recount…. Continue Reading

State AGs in the News

Posted in Antitrust, Campaign Finance, Consumer Financial Protection Bureau, Consumer Protection, Mortgages/Foreclosures, States v. Federal Government

STATE AGs IN THE NEWS AG Efforts to Combat Patent Trolls Discussed at NAAG Consumer Protection Conference Combating alleged patent trolls continues to be a cutting-edge issue among AGs and, most recently, was incorporated into NAAG’s semi-annual Consumer Protection Seminar this week in Wichita, Kansas, which drew AG consumer protection staff from across the country…. Continue Reading

State AGs in the News

Posted in Consumer Financial Protection Bureau, Consumer Protection, Data Privacy, Insurance, Medicaid Fraud, Mortgages/Foreclosures

CONSUMER FINANCIAL PROTECTION BUREAU (CFPB)  CFPB Probes eBay’s Online Lending Business  The CFPB announced that it has sent eBay, Inc. a civil investigative demand requesting information about the company’s acquisition, management, and operation of its lending subsidiary Bill Me Later. Bill Me Later states it is a “secure, instant, and reusable credit line without the plastic.” … Continue Reading

State AGs in the News

Posted in Consumer Protection, Data Privacy, Employment, Environment, Medicaid Fraud, Mortgages/Foreclosures

HOT NEWS SCOTUS Hears Michigan Affirmative Action Case; We Summarize Six Cases before SCOTUS Earlier this week, The U.S. Supreme Court (SCOTUS) heard oral arguments in Schuette v. Coalition to Defend Affirmative Action, which challenges Michigan’s 2006 constitutional amendment that bans the use of affirmative action in admissions and hiring. Michigan Solicitor General John Bursch… Continue Reading

State AGs in the News

Posted in Antitrust, Consumer Financial Protection Bureau, Consumer Protection, Employment, Financial Industry, Intellectual Property, Mortgages/Foreclosures, State AGs in the News

WEBCAST AVAILABLE Recording from Our Most Recent “Conversations with State Attorneys General” Series is Now Available Earlier this month, State AG Practice Leader Bernie Nash sat down with Washington Attorney General Bob Ferguson to discuss his role as AG and the progress he has made in addressing his campaign priorities, including protecting seniors and veterans,… Continue Reading

State AGs in the News

Posted in Consumer Financial Protection Bureau, Consumer Protection, Data Privacy, Employment, Environment, Mortgages/Foreclosures, State AGs in the News

AGs IN THE NEWS National Association of Attorneys General (NAAG) Holds Presidential Initiative Summit, America’s Promise: Keeping Our Kids Safe This week, NAAG hosted its Presidential Initiative Summit, America’s Promise: Keeping Our Kids Safe. Eighteen State and Territorial AGs attended the three-day conference in Milwaukee, Wisconsin. NAAG President and Wisconsin Attorney General JB Van Hollen… Continue Reading

State AGs in the News

Posted in Consumer Financial Protection Bureau, Consumer Protection, Environment, Health Care, Mortgages/Foreclosures, Pharmaceuticals, State AGs in the News

AGs IN THE NEWS National Association of Attorneys General Presidential Summit Focus is Keeping Kids Safe The National Association of Attorneys General (NAAG) Annual Presidential Summit, hosted by NAAG General President and Wisconsin AG J.B. Van Hollen, is being held in Milwaukee, Wisconsin, on September 16-18. Eighteen state and territorial AGs are scheduled to attend…. Continue Reading

State AGs in the News

Posted in Consumer Financial Protection Bureau, Consumer Protection, Financial Industry, For-Profit Colleges, Intellectual Property, Medicaid Fraud, Mortgages/Foreclosures, State AGs in the News

AGs IN THE NEWS Ohio Attorney General Appoints Private Practice Attorney to State Solicitor Post Ohio AG Mike DeWine has appointed Eric Murphy as state solicitor for the Ohio Attorney General’s office. The state solicitor represents Ohio in the state’s major appeals in the U.S. and Ohio Supreme Courts, and the U.S. Court of Appeals… Continue Reading

State AGs in the News

Posted in Consumer Financial Protection Bureau, Consumer Protection, Energy, Environment, False Claims Act, For-Profit Colleges, Mortgages/Foreclosures, State AGs in the News

STATE AGs IN THE NEWS Washington Attorney General Appoints FTC Official as Chief Deputy Washington AG Bob Ferguson has appointed David Horn as the office’s new Chief Deputy Attorney General, to begin in October. Horn has been the Assistant Regional Director for the Federal Trade Commission and is a former Washington Assistant AG. After AG,… Continue Reading

State AGs in the News

Posted in Consumer Protection, Employment, Energy, Mortgages/Foreclosures, Securities

HOT NEWS U.S. Supreme Court to Resolve Circuit Split Over Class Action Fairness Act The U.S. Supreme Court granted certiorari in Mississippi ex rel Hood v. AU Optronics Corp. (No. 12-1036) to resolve a circuit split over the applicability of the Class Action Fairness Act (CAFA) to parens patrie suits brought by AGs seeking relief… Continue Reading

State AGs in the News

Posted in Consumer Protection, Environment, False Claims Act, Medicaid Fraud, Mortgages/Foreclosures, Pharmaceuticals, State AGs in the News

State AGs in the News D.C. Announces Plan to Transition Attorney General to Elected Position in 2015 Mayor Vincent Gray announced proposed legislation that would implement voters’ 2010 decision to give D.C. an elected Attorney General. D.C. Attorney General Irvin Nathan supports the proposal and urged the D.C. Council to act quickly so that the… Continue Reading

2012 in Review: State AGs Focus on the Mortgage Industry

Posted in Mortgages/Foreclosures

The 2008 mortgage and housing crisis affected millions of homeowners in every state and destabilized the housing market, threatening many states’ economic stability. Using their broad consumer protection authority, as well as criminal authority in some cases, State AGs are at the forefront of government action in this area, often collaborating with each other and… Continue Reading

State AGs in the News

Posted in Consumer Financial Protection Bureau, Consumer Protection, Environment, Insurance, Mortgages/Foreclosures, Pharmaceuticals

Consumer Financial Protection Bureau CFPB Wants Better Credit Access for Stay-At-Home Spouses The CFPB proposed a revision to the Truth in Lending Act that would ease access to credit for stay-at-home spouses by allowing them to rely on shared income when applying for credit cards. Under the current “ability-to-pay” rule, card issuers must base evaluations… Continue Reading

State AGs in the News

Posted in Consumer Protection, Medicaid Fraud, Mortgages/Foreclosures, Pharmaceuticals

Hot News Last Friday, September 28, 2012, Dickstein Shapiro LLP hosted a panel discussion on Women Attorneys General: Past, Present and Future. Dickstein Shapiro Partners Divonne Smoyer and Lori Kalani, and Women in Government Relations President Katie Vlietstra welcomed current Attorneys General Martha Coakley (Massachusetts), Catherine Cortez Masto (Nevada), Linda Kelly (Pennsylvania), and Ellen Rosenblum… Continue Reading

State AGs in the News

Posted in Consumer Protection, Employment, Medicaid Fraud, Mortgages/Foreclosures, Pharmaceuticals

Consumer Protection Colorado Attorney General Announces Settlement with Company Over Alleged Fraudulent Internet Marketing Scheme Colorado Attorney General John Suthers announced that the Denver District Court has approved a consent judgment with Consolidated Medical Services, LLC and its owner over allegations that the company defrauded consumers through an Internet-based affiliate marketing program. The lawsuit alleges that… Continue Reading

State AGs in the News

Posted in Consumer Protection, Medicaid Fraud, Mortgages/Foreclosures, Pharmaceuticals

HOT NEWS Attorney General Bill Sorrell Wins Primary; 10 Attorney General Races Set for November On Tuesday, incumbent Attorney General Bill Sorrell defeated challenger T.J. Donovan, Chittenden County State’s Attorney, by approximately 51% to 49%, with 99% of the votes counted. There are nine other Attorney General races this November (Indiana, Missouri, Montana, North Carolina,… Continue Reading

State AGs in the News

Posted in Antitrust, Consumer Protection, Mortgages/Foreclosures, Securities

Antitrust New York Attorney General and DOJ Settle with Cable Providers Over Sale of Bundled Wireless and Wireline Services Last week New York Attorney General Eric Schneiderman announced that New York and the U.S. Department of Justice have reached a settlement with Verizon Communications Inc., Time Warner Cable Inc., Comcast Corporation, Bright House Networks, and… Continue Reading

State AGs in the News

Posted in Consumer Protection, Mortgages/Foreclosures

Consumer Protection Arkansas Attorney General Sues Five Florida Telemarketing Companies Last week, Arkansas Attorney General Dustin McDaniel filed suit in federal court against five Florida-based companies for allegedly engaging in telemarketing tactics in violation of federal and state law. The lawsuit alleges that the companies used illegal automated calling tactics to contact Arkansas consumers to… Continue Reading

State AGs in the News

Posted in Consumer Protection, Medicaid Fraud, Mortgages/Foreclosures, Securities

Consumer Protection New York and Connecticut AGs Investigate Citigroup Over Alleged Libor Manipulation According to Citigroup Inc.’s quarterly earnings filing 10-Q  with the Securities and Exchange Commission, New York AG Eric Schneiderman and Connecticut AG George Jepsen have sent requests for documents and information regarding alleged manipulation of the interbank offered interest rates. As previously… Continue Reading

State AGs in the News

Posted in Consumer Protection, Data Privacy, Employment, Environment, Mortgages/Foreclosures

Consumer 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

States’ Use of Mortgage Settlement Money a Repeat of Tobacco Settlement Diversion

Posted in Mortgages/Foreclosures

In 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

State AGs in the News

Posted in Antitrust, Consumer Protection, Employment, Energy, Environment, Mortgages/Foreclosures

Antitrust/Consumer Protection Publishers Reach Tentative Settlement with 15 AGs over E-Book Price-Fixing Claims 15 AGs have reached a tentative settlement with HarperCollins Publishers and Hachette Book Group to resolve a lawsuit claiming that the companies conspired with other publishers and Apple to raise the prices of e-books. The two publishers already had settled similar allegations… Continue Reading

State AGs in the News

Posted in Consumer Protection, Environment, Mortgages/Foreclosures

Hot News Recording of “A Conversation with State Attorneys General” Webcast Now Available On April 18, 2012, State AG Practice Partner Divonne Smoyer was joined by Maryland AG and National Association of Attorneys General (NAAG) Incoming President Doug Gansler. AG Gansler provided insightful commentary about his experience as an AG and the considerations AGs face… Continue Reading