Before being elected to the U.S. Senate, now former Missouri Attorney General Eric Schmitt filed a lawsuit against Power Home Solar LLC — a North Carolina entity now doing business as Pink Energy — alleging that the solar company misrepresented the effectiveness and safety of its energy-generating systems for residential homes in violation of the
In this episode of Regulatory Oversight, Stephen Piepgrass welcomes Regulatory Investigations, Strategy + Enforcement Partner Ryan Strasser and Williams & Jensen Partner Matt Hoekstra to discuss how law firms can work with firms like Matt’s on behalf of clients during congressional inquiries with parallel AG investigations or consumer litigation.
Additionally, our attorneys and Matt
On December 8, the U.S. Small Business Administration (SBA) issued a statement regarding its intent to investigate certain participants in the Paycheck Protection Program (PPP) created by the Coronavirus Aid, Relief, and Economic Security (CARES) Act.[1] This announcement, just a few months after the U.S. Department of Justice (DOJ) announced its first-ever False Claims
The Securities and Exchange Commission (SEC) protects investors and maintains a fair, orderly, and efficient marketplace. While the SEC has historically focused its enforcement efforts on public companies, recent announcements from Acting Chief Accountant Paul Munter suggest the SEC is taking a closer look at other actors who play a role in fair and efficient
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 —
In 2020, two Las Vegas communications consultants brought a lawsuit against a group of top online booking companies. The complaint alleges that the defendant travel companies avoided paying hundreds of millions of dollars in hotel room taxes by buying the rooms at discounted prices, selling them to consumers at higher rates, and then, paying taxes
On June 23, Colorado Attorney General Phil Weiser announced that his office had reached a settlement with Red Rocks Credit Union to refund Colorado consumers more than $300,000 after the credit union failed to refund unearned guaranteed automobile protection (GAP) premiums entitled to consumers under state law.
The settlement is the fifth such resolution with
Until the early 2000s, companies developing innovative business models or technologies could make reasoned predictions regarding how their innovations would be treated by government by analyzing the text of statutes and implementing regulations and interpreting case law, enabling them to make calculated decisions about how to proceed based on risk tolerance.
With Attorney Generals actively investigating solar companies nationwide, Troutman Pepper has been monitoring and cultivating key activity. To date, there has been one key settlement. In May 2021, the New Jersey Attorney General’s Office announced a settlement with Princeton-based solar company NRG Residential Solar Solutions LLC (NRG) for $69,000 to resolve the state AG’s investigation
On March 25, the Illinois State Attorney General Kwame Raoul, along with 18 other state attorneys general (state AGs),[1] provided comments to the Consumer Financial Protection Bureau (CFPB) related to 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