A lawsuit stemming from the collapse of multibillion-dollar cryptocurrency exchange FTX seeks to recover a billion dollars from FTX’s founder and former CEO Sam Bankman-Fried, along with 11 paid endorsers, including Tom Brady, Naomi Osaka, Kevin O’Leary, Gisele Bündchen, Larry David, and Steph Curry. The plaintiffs allege the defendants were involved in a
Updated November 11, 2022 at 11:29 AM ET
2022 State Attorneys General Election Re-Cap
On November 8, 30 states and the District of Columbia held elections for state attorneys general. Below are the current results of the elections for each of the 31 races. We will continue to update this blog post as results are
This article was published in Reuters and Westlaw Today. It is republished here with permission.
While pundits are fixated on the midterm elections and who will control Congress in 2023, 31 state attorneys general (AG) races could dramatically impact the country’s political landscape. State AGs continue to extend their influence nationally. They are now
In this episode of Regulatory Oversight, Republican Attorneys General Association Executive Director Pete Bisbee joins Troutman Pepper Counsel Ketan Bhirud to discuss the upcoming November 8 election and RAGA’s key focus states.
In response to the Fifth Circuit’s ruling in Community Financial Services Association of America, Ltd. v. Consumer Financial Protection Bureau (CFSA) that the Consumer Financial Protection Bureau’s (CFPB) funding mechanism is unconstitutional, West Virginia Attorney General Patrick Morrisey sent a letter on October 24th to the CFPB, calling its continued operations into question and foreshadowing
In March 2022, state attorneys general provided comments to the Consumer Financial Protection Bureau (CFPB) concerning the CFPB’s inquiry into companies that offer consumers the opportunity to divide the cost of their purchases into multiple installments, also referred to as “buy now, pay later” (BNPL) products. In response, the CFPB issued a report in September
In Episode 8 of the Regulatory Oversight Podcast, Nevada Attorney General Aaron Ford joins Troutman Pepper RISE attorneys Stephen Piepgrass and Ketan Bhirud to discuss a range of topics, including recent consumer protection actions and emerging trends his office examined over the past several years, and the criteria considered when determining to begin an
This article was originally published on August 19, 2022 in Reuters and is republished here with permission.
Companies today face increased risks from numerous regulatory bodies at the municipal, state, and federal levels. As we discussed in our previous article, “Preparing Companies for a New Day in Multistate AG Investigations,” sophisticated regulators —
On August 10, the Tennessee Supreme Court announced that Jonathan Skrmetti, Governor Bill Lee’s top legal counsel, will become the state’s new attorney general on September 1.
Tennessee is unique, as it is the only state where the state Supreme Court appoints the attorney general for an eight-year term. Skrmetti, former chief deputy attorney general
On June 28, Governor Kristi Noem appointed Mark Vargo, Pennington County state’s attorney, as the acting attorney general of South Dakota to serve the remainder of former Attorney General Jason Ravnsborg’s term. Vargo will hold the position until the next elected attorney general takes office in January 2023. Former Attorney General Marty Jackley is