Companies Must Tread Carefully as Regulators Step Up Enforcement Actions

"These are bet-the-company matters. It's not just on the monetary piece—which can be crippling in itself— but the potential injunctive provision that would require changes for businesses that makes it impossible to continue operating in a profitable manner," said Jonathan Direnfeld, an Orrick, Herrington and Sutcliffe partner.

January 20, 2023 at 05:36 AM

4 minute read

Risk and Compliance

Maria Dinzeo

Companies are facing immense pressure from regulators over how they market their services and engage with consumers. Experts say enforcement actions will increase this year, as government agencies zero in on businesses that use deceitful tactics to try to separate consumers from their money or data.