Compliance Hot Spots: Evolution of a CFPB Nominee | Crypto Financial Disclosures | Plus: Who Got the Work
Who's Kathy Kraninger and what's the back story on how she got the nod to run the CFPB? Plus: check out what Venable's doing on the blockchain front. And we've got the latest compliance and financial services moves. Thanks for reading Compliance Hot Spots.
June 20, 2018 at 01:28 PM
4 minute read
You've seen the news about Trump's pick for CFPB director. What's the back story? Plus: scroll down to see Trump officials who reported—and then sold—holdings in Bitcoin. On tap tomorrow: Two nominees—Peter Feldman for the consumer product commission and Geoffrey Starks for the FCC—head to Capitol Hill. As always, thanks for reading, and thanks especially for the feedback. I appreciate all the tips, ideas and hearing what's on your plate. I'm at [email protected] and 202-828-0315, or follow me on Twitter @cryanbarber. 
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More on Trump's Consumer Bureau Nominee
reports The backstory: Mark McWatters Enter Todd Zywicki. emerged as a leading candidate Zywicki would have been criticized as a conservative firebrand That's the early criticism of Kraninger, were also demanding information What's next: June 22 here here
|U.S. Ethics Agency: Report Your Crypto Holdings
they need to report their holdings reported here >> Which Trump administration officials have—or had—crypto holdings? Brent McIntosh Jessie Liu Sullivan & Cromwell Morrison & Foerster then sold off here More cryptocurrency reading: • New York Law Journal • William Hinman remarks The Recorder • Bryan Cave Leighton Paisner
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Who Got the Work: Blockchain Lobbying, and Meet New Theranos CEO
were charged in San Francisco Kevin Downey Williams & Connolly John Cline Jeffrey Coopersmith Davis Wright Tremaine here's a snapshot Munger Tolles ➤➤ Kara Ward Venable LLP disclosure Sullivan & Cromwell Kenneth Raisler here here here Ogilvy Government Relations Karissa Willhite Dee Buchanan ➤➤ Robert Heim Meyers & Heim LLP Wall Street Journal
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Compliance Corner: Product Safety Board Nominee Heads to Hill
What I'm watching Wednesday in Washington: Peter Feldman Jones Day Dana Baiocco confirmed Geoffrey Starks on Wednesday nominated Mignon Clyburn Williams & Connolly U.S. Chamber of Commerce Business Roundtable Bloomberg Reuters Bloomberg
|New Hires and Promotions
Proskauer Rose has hired Karen Garnett Christopher Green Ropes & Gray will become general counsel Sean Doherty picked Rodney Hood named Dana Rao Mike Dillon Got a new move in the compliance and government affairs space? Shoot me a note at [email protected]. That's all for this week! Thanks for reading. And please send me any feedback.
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Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
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