The State AG Report – 6.20.2024

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GOP AGs Seek to Black Out FERC’s Electrical Transmission & Planning Rule

A group of 19 Republican AGs filed a Rehearing Request to FERC asking it to reconsider its Building for the Future Through Electric Regional Transmission Planning and Cost Allocation Final Rule, which requires transmission providers to conduct long-term regional planning.
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Senior Texas and West Virginia AGs’ Office Staff Assume New Government Roles

Texas Deputy First Assistant Attorney General Judge Grant Dorfman has been appointed by Governor Greg Abbott to serve as a judge on Texas’s newly established Eleventh Business Court Division in Houston.
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NY AG Lends Investors a Hand in Recouping Cryptocurrency Lending Program Losses

New York AG Letitia James settled with cryptocurrency company Gemini Trust Company, LLC to resolve allegations that the company violated the Martin Act and New York Executive Law by engaging in fraudulent and deceptive conduct towards investors and the public.
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DOJ and FTC Accuse Adobe of Engaging in Acrobatics to Hide Subscription Terms

The U.S. DOJ, upon notification and referral from the FTC, filed a lawsuit against Adobe, Inc. and two of its executives, alleging that the software company violated the FTC Act and the Restore Online Shoppers’ Confidence Act by hiding subscription early termination fees and making it difficult for customers to cancel subscriptions.
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Democratic AGs Sign Up in Support of CFPB Registry Tracking Repeat Scammers

A group of 10 Democratic AGs sent a letter to the CFPB supporting its final rule establishing a registry of nonbank financial firms that are subject to enforcement orders for violating consumer protection laws.
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CFPB Proposes Rule Addressing Medical Debt in Credit Reporting

The CFPB issued a request for comment on its proposed Prohibition on Creditors and Consumer Reporting Agencies Concerning Medical Information, which would amend regulations implementing the Fair Credit Reporting Act as applied to medical information.
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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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