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CT Scores Consumer Protection Wins in Cox-Charter Merger Settlement

Connecticut AG William Tong and the Connecticut Office of Consumer Counsel entered into a proposed settlement with Charter, Cox Communications, and Cox Enterprises in connection with Charter’s change-of-control application before the Connecticut Public Utilities Regulatory Authority as a result of Charter’s acquisition of Cox operations in the state.

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AG Bird Sues PBMs and Insulin Manufacturers over Alleged Pricing Scheme

Iowa AG Brenna Bird filed a lawsuit against multiple pharmacy benefit managers (PBMs) and insulin manufacturers, alleging the companies violated Iowa’s Consumer Fraud Act by artificially inflating diabetes drug prices for Iowa consumers. According to the petition, the PBMs and manufacturers allegedly engaged in an unlawful pricing scheme that substantially increased the price of insulin…

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States Oppose OCC Escrow Interest Preemption Proposals

A bipartisan coalition of 23 AGs and several state banking regulators submitted a comment letter urging the OCC to withdraw two proposals addressing mortgage escrow accounts—an escrow rule and a related preemption determination that would preempt certain state laws requiring national banks to pay minimum interest on mortgage escrow accounts. In the letter, the states…

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AG Coalition Reaches $17.85M Settlement in Generic Drug Pricing Antitrust Litigation

A coalition of 48 AGs led by Connecticut AG William Tong reached separate settlements with Lannett Company, Inc. (“Lannett”) and Bausch Health US, LLC/Bausch Health Americas, Inc. (“Bausch”) in generic-drug antitrust litigation. The states allege the companies participated in long-running conspiracies to fix prices and otherwise restrain competition in the generic drug market, including through…

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AG Campbell Cancels Crypto Kiosk Crooks

Massachusetts AG Andrea Joy Campbell filed a lawsuit against Bitcoin Depot Operating LLC and its parent, Bitcoin Depot, Inc., alleging the company violated the Massachusetts Consumer Protection Law and related regulations by using deceptive pricing practices at its cryptocurrency kiosks and by failing to take meaningful steps to prevent scam transactions.

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