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CBD Advertising Proceed with Caution to Avoid Confusion, Stay Out of State AG Crosshairs

State AG Group members, Meghan Stoppel and Mira Baylson penned an article for Cannabis Business Executive on the real threat of regulatory scrutiny and the importance of a carefully crafted marketing campaign for companies manufacturing and selling CBD.

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Lender Allegedly Used Unlawful and Misleading Tactics to Market Reverse Mortgages

The Consumer Financial Protection Bureau (“CFPB”) reached a settlement with reverse-mortgage lender Nationwide Equities Corporation (“Nationwide Equities”) to resolve allegations that it used false and misleading advertising to market its reverse mortgages in violation of the Dodd-Frank Wall Street Reform and Consumer Protection Act, the Truth in Lending Act, and the Mortgage Acts and Practices…

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Beech-Nut Sued for Allegedly Misleading Consumers About Baby Food Safety

District of Columbia AG Karl Racine sued baby-food manufacturer Beech-Nut Nutrition Company (“Beech-Nut”) over allegations that it used deceptive and misleading advertising about the safety of its baby food in violation of the District’s Consumer Protection Procedures Act.

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FTC Takes First Action under COVID-19 Consumer Protection Act

The Federal Trade Commission (“FTC”) charged chiropractor Eric Nepute and his company Quickwork LLC (collectively, “Quickwork”) with allegedly using false and deceptive claims to market products as scientifically proven to treat or prevent COVID-19 in violation of the COVID-19 Consumer Protection Act and the FTC Act. This is the FTC’s first action under the COVID-19 Consumer Protection Act.

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Online Lender Accused of Offering Loans with Interest Rate of 198%

District of Columbia AG Karl Racine sued online lender Opportunity Financial, LLC (“OppFi”) over allegations that it used misleading and deceptive marketing to promote its predatory loans to consumers in violation of the District’s Consumer Protection Procedures Act. The complaint alleges, among other things, that OppFi skirted state and local usury laws by partnering with…

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