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California Seeks En Banc Review of Ninth Circuit Decision Paving Way to Airport Expansion

California AG Rob Bonta filed a petition for a rehearing en banc before the U.S. Court of Appeals for the Ninth Circuit in Center for Community Action & Environmental Justice et al. v. Federal Aviation Administration et al., Nos. 20-70272 and 20-70464, seeking to overturn a three-judge panel decision denying two petitions to review of the…

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CFPB Releases Annual Report of Credit and Consumer Reporting Complaints

The CFPB released its annual report of credit and consumer reporting complaints, focusing on how national consumer credit reporting bureaus respond to consumer complaints submitted through the CFPB about incomplete or inaccurate credit information. The report concluded that the three bureaus collectively reported relief in response to less than 2% of complaints in 2021, down…

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Failure to Report Acquisition of Shares to FTC Leads to $1.4 Million Penalty

The FTC reached a settlement with investment fund operator Biglari Holdings Inc. to resolved allegations that it failed to report an acquisition of shares in restaurant chain operator Cracker Barrel Old Country Store, Inc. to the FTC in violation of the Hart-Scott-Rodino Act. According to the complaint, which was filed simultaneously with the final judgment, Biglari…

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Diversity or Discrimination? Amicus Brief Argues Against Nasdaq’s Board Diversity Rule

A group of 17 Republican AGs, led by Arizona AG Mark Brnovich, filed an amicus brief in the U.S. Court of Appeals for the Fifth Circuit in Alliance for Fair Board Recruitment v. SEC, No. 21-60626, in support of a challenge to the SEC’s approval of a Nasdaq board diversity rule.

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Show Me the Money: Attorneys General Urge CFPB on Complaints About Money-Sharing Platforms, Apps

On December 20, 2021, a bipartisan group of 33 AGs, led by Idaho AG Lawrence Wasden and Oregon AG Ellen Rosenblum, sent a letter to the Director of the CFPB in response to the CFPB’s Request for Comments on its Inquiry into Big Tech Payment Platforms. In the letter, the AGs urged the CFPB to strengthen consumer protections for money-sharing platforms and apps.

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