New York AG Letitia James, alongside Governor Kathy Hochul, announced a lawsuit against KalshiEX, LLC (Kalshi), alleging an investigation by her office concluded the company is running an illegal, unlicensed gambling operation in New York through its prediction market platform that exposes New Yorkers to serious and financial risk. The lawsuit alleges that Kalshi’s prediction…

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A coalition of AGs have secured a months-long halt to Paramount Skydance Corp.’s (Paramount) merger with Warner Bros. Discover, Inc. (Warner Bros.). The coalition sued Paramount and Warner Bros. on July 13, alleging that the merger would illegally reduce competition throughout the film and television industries, harming workers, consumers, and businesses. On July 20, the…

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California AG Bonta is leading a multistate coalition of 12 AGs in filing a lawsuit challenging the $110 billion acquisition of Warner Bros. Discovery, Inc. (Warner Bros.) by Paramount Skydance Corporation (Paramount). The lawsuit alleges that the merger violates Section 7 of the Clayton Act, which holds that mergers that may substantially lessen competition or…

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Connecticut AG William Tong announced a multistate settlement has been reached with the bankruptcy trustee for genetic testing company 23andMe, resolving allegations stemming from a 2023 data breach alleged to have compromised the genetic data of 6.9 million customers worldwide, including in some cases genetic ancestry information. The settlement includes $150 million in allowed claims…

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In the latest development of the ongoing legal battle between states and prediction market platforms, California AG Rob Bonta has joined a coalition of 37 AGs filing an amicus brief supporting Ohio gaming laws in KalshiEx LLC v. Schuler et al, which is pending in the U.S. Court of Appeals for the Sixth Circuit. The…

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