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AGs Raise Red Flags Over Credit Rating Agencies’ ESG Policies

A coalition of 23 Republican AGs sent a letter to Fitch Ratings, Moody’s Investors Service, and S&P Global Ratings questioning whether the credit rating agencies’ ESG policies violate federal securities laws, state consumer protection laws, and antitrust laws.

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North Carolina AG Unlocks Homeowners From MV Realty Deals

North Carolina AG Jeff Jackson obtained consent judgments against MV Realty and company executives after a North Carolina Superior Court held them liable for unfair and deceptive trade practices and violations of state telemarketing and robocall laws related to the company’s 40-year Homeowner Benefit Agreements. The AG’s office alleged that MV Realty gave homeowners small…

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FTC Says MLM Promoters Made Inflated Income Claims

The FTC settled allegations against high-level participants in LifeWave, a multilevel marketing company that sells phototherapy patches, for allegedly violating the FTC Act by making deceptive earnings claims to recruit new participants. According to the complaint, the LifeWave promoters lured new “brand partners” by touting substantial, unsubstantiated earnings claims, such as $25,000 per week or…

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Texas AG Presses Play on Music Streaming Payola Probe

Texas AG Ken Paxton announced that his office is investigating major music streaming platforms over concerns that they may accept payment to artificially promote certain songs, artists, or content in violation of Texas law. In a press release, the AG’s office indicated that the investigation will focus on whether the music streaming services entered into…

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DC AG Says Landlord Hid the True Cost of Rent

District of Columbia AG Brian Schwalb sued property owner and manager Mid-America Apartment Communities, Inc. and its subsidiaries for allegedly violating the DC Consumer Protection Procedures Act and Rental Housing Act by charging illegal junk fees and hiding the true cost of apartment rentals. According to the complaint, MAA charged tenants fees the AG says…

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