The State AG Report – 11.21.2024

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Republican AGs Sue SEC Claiming Cryptocurrency Regulatory Overreach

A group of 18 Republican AGs, joined by a nonpartisan policy group, have filed a lawsuit contesting the SEC’s enforcement authority over digital assets, including cryptocurrency.
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Democratic AGs File Amicus Brief Supporting FTC’s Non-Compete Rule

A coalition of 18 Democratic AGs filed an amicus brief with the U.S. Court of Appeals for the Eleventh Circuit in Properties of the Villages, Inc. v. the Federal Trade Commission (No. 24-13102) supporting the FTC’s defense of its Final Rule banning non-compete clauses in employment contracts.
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FTC’s Lawsuit Against Seek Capital Alleges Consumers Would Be Wise to Seek Capital Elsewhere

The FTC has filed a lawsuit against Seek Capital, LLC and its founder alleging deceptive practices in violation of multiple federal consumer protection laws.
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Nebraska Sues to Pull the Plug on Truck Manufacturers’ Alleged Collusion to Eliminate ICE Vehicles

Nebraska AG Mike Hilgers, joined by energy trade associations, filed an antitrust lawsuit against several truck manufacturers, alleging they violated Nebraska law by engaging in anticompetitive practices to phase out Class 8 internal combustion engine semi-trucks in favor of electric vehicles.
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Bipartisan AG Coalition Urges the FCC to Close Robocall Loophole

A bipartisan coalition of 47 AGs submitted reply comments in support of the FCC’s proposed rule Improving the Effectiveness of the Robocall Mitigation Database, which would implement additional safeguards designed to increase accountability and accuracy among Robocall Mitigation Database (RMD) filings and prevent bad actors from accessing the U.S. telephone network.
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New York AG Secures $45 Million Settlement with Nursing Homes

New York AG Letitia James entered into an Assurance of Discontinuance with the owners, operators, management company, landlords, and associated entities of four nursing homes managed by Centers for Care LLC, d/b/a Centers Health Care, to resolve allegations of financial fraud, chronic understaffing, and severe neglect of residents.
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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations. Attorney Advertising.

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