Elections AG 2022

Republican candidate seeks 2022 revenge against sitting Minnesota attorney general

  • Doug wardlow, general counsel for My Pillow, Inc. and former state representative, has announced that he will again seek the Republican nomination for Minnesota AG.
  • If he were to receive the nomination, Wardlow’s challenge to the incumbent Democrat GA Keith Ellison would be a revenge for the 2018 election, which Ellison won by a margin of 49% to 45%.
  • For more general election news, information and polls, visit Cozen O’Connor’s State AG election monitoring.

Consumer protection

Timeshare Exit Company to Pay Over $ 220,000 to Deceive Consumers

  • Missouri AG Eric Schmitt obtained a default judgment against timeshare exit company Martin Management Group LLC and its owner (collectively “Martin Management”) for allegations that it charged an upfront fee and failed to provide the services promised in violation of the Missouri Merchandising Practices Act.
  • the complaint alleged that Martin Management solicited large sums of money from clients by falsely guaranteeing to return their payment if he could not get a release from their timeshare commitments within 180 days and asked clients to redirect the charges from timeshare maintenance backs itself up, putting many clients in arrears with their timeshare holding companies.
  • According to the AG’s office, the judgment awards more than $ 222,000 to the state, including approximately $ 170,000 for restitution and $ 52,000 in civil penalties and attorney fees. The judgment also permanently prohibits Martin Management from offering or selling timeshare exit services in the state.
  • As stated previously, AG Schmitt separately sued Brian Scroggs and four timeshare companies under its control over similar allegations.

Biparty group of attorneys general urges FCC to help increase access to distance learning

  • A bipartite group of 30 GAs, led by Colorado AG Phil Weiser and Nebraska AG Doug Peterson, submitted a letter of comment to the Federal Communications Commission (“FCC”) urging the FCC to expand its E-Rate program, which provides funding to extend broadband connectivity to schools and libraries to support learning at distance during the COVID-19 pandemic.
  • the letter was sent in support of petitions from several states, including Colorado, requesting the temporary lifting of certain restrictions on the E-Rate program in order to allow the use of E-Rate funds for Wi-Fi access points and other broadband Internet solutions for students who do not have adequate connectivity to participate in distance education.
  • The letter argues that the FCC has the power to change or remove the rules of the E-Rate program to allow it to support a range of technology solutions to the extraordinary need for distance learning during the COVID-19 pandemic. The letter also asserts that expanding internet access through the E-Rate program can help ensure equity in education.

Democratic Attorneys General Call for Universal Federal Student Loan Relief

  • A group of 17 Democratic GAs, led by Massachusetts AG Maura Healey and New York AG Letitia James, sent a letter to the US Congress urging passage of House and Senate resolutions calling on the Biden administration to write off up to $ 50,000 in federal student debt for each federal student loan borrower.
  • the letter argues that blanket federal student loan debt forgiveness will bring economic relief to millions of borrowers and a boost to the economy.
  • The letter further notes that many federal student loan borrowers were struggling to repay their loans even before the COVID-19 pandemic, that the current repayment programs in place do not provide enough opportunities for borrowers facing financial difficulties. financial difficulties in managing their debts during the current economic crisis. , and that failure to manage federal student loan payments can have catastrophic consequences for borrowers, including wage garnishment, loss of income tax credits, and the garnishment of Social Security payments.

Utilities

Texas power companies investigate power outages caused by winter storm

  • Texas AG Ken Paxton issued Civil Inquiry Requests (“CIDs”) under the Texas Deceptive Trade Practices – Consumer Protection Act to 12 power companies, including the related Electric Reliability Council of Texas, Inc. (“ERCOT”) power outages across the state in the wake of the recent winter storm that hit the state and left millions of residents without power and heat.
  • the CID research information, documents and communications regarding business emergency plans, pricing policies, and storm-related power outages, among others.
  • The CIDs have set March 15, 2021 as the deadline for power companies to comply with generation requests.

Financial sector

Cryptocurrency Platforms and Funders Targeted for Allegedly Deceptive Behavior

  • New York AG Letitia James sued the cryptocurrency trading platform Coinseed, Inc. and its two senior executives (collectively “Coinseed”) over allegations that it illegally operated and defrauded investors in violation of New York’s Martin Law.
  • the complaint alleges that Coinseed raised funds in an unregistered securities offering and misled investors with false statements about the expertise and experience of its staff. The complaint asks for restitution, restitution and an injunction.
  • AG James has also entered into an agreement with iFinex Inc., the operator of the cryptocurrency platform Bitfinex, and related companies (collectively “Bitfinex”) and with the issuer of a cryptocurrency known as “tether”, Tether Holdings Limited, and related companies (collectively “Tether”) to resolve allegations that Bitfinex and Tether made false representations to investors in violation of New York’s Martin Law.
  • According to the settlement agreement along with Bitfinex and Tether, the GA’s office investigation found that the companies would have promoted “tether” as a stablecoin – a cryptocurrency backed by real dollar reserves – even if Tether did not have access to it. banking services and sometimes held no reserves to support outstanding “ties”. Additionally, Bitfinex is said to have concealed massive losses and misled its customers and the market regarding its liquidity issues.
  • Under the settlement agreement, among others, Bitfinex and Tether will pay the state $ 18.5 million in penalties. Bitfinex and Tether are also banned from doing business with New Yorkers and are required to report their efforts to exclude New Yorkers from their trading activities.