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Vermont Attorney General Sues Fossil Fuel Companies over Alleged Deceptive Marketing Tactics

Vermont AG T.J. Donovan filed a lawsuit against fossil fuel companies Exxon Mobil Corporation, Shell Oil Company, Sunoco LP, CITGO Petroleum Corporation, and related companies over allegations that they used deceptive and unfair practices in marketing fossil fuels in violation of Vermont’s Consumer Protection Act.

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New York Attorney General Ramps Up Securities Enforcement of Cryptocurrency Companies

New York AG Letitia James reached a settlement with Chinese-language news and social media company GTV Media Group and its parent company Saraca Media Group, Inc. (collectively, “GTV”) to resolve allegations that GTV sold stock and cryptocurrencies without registering as securities dealers and/or commodities broker-dealers in violation of the state’s Martin Act.

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CFPB: Income Share Agreements Are Student Loans and Must Follow Student Loan Rules

The Consumer Financial Protection Bureau (“CFPB”) reached a settlement with private student loan company Better Future Forward Inc. and related companies (collectively, “Better Future”) over allegedly deceptive practices in originating and servicing private student loans in the form of income share agreements (“ISAs”) in violation of the Dodd-Frank Consumer Financial Protection Act, the Truth in…

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FTC Unveils New Compulsory Processes in Eight Key Enforcement Areas

The Federal Trade Commission (“FTC”) issued resolutions to increase the efficiency of FTC investigations into competition or consumer protection violations under the FTC Act in eight priority enforcement areas. The resolutions direct the use of all available compulsory processes—such as civil investigative demands and subpoenas—to investigate potential FTC Act violations in the following enforcement areas:…

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StubHub Agrees to Honor Money-Back Guarantee for COVID-19-Related Event Cancellations

A bipartisan group of 11 AGs, led by Maryland AG Brian Frosh, reached a settlement with online ticket reseller StubHub, Inc. to resolve allegations that StubHub violated state consumer protection laws by refusing to issue refunds to ticketholders for events cancelled due to the COVID-19 pandemic.

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