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Texas Lawyer

Texas Judge Enters Setback for SEC in Crypto-Securities Action

U.S. District Judge Mark Pittman previously expressed apprehension over entering a ruling and setting a "moving target precedent."
4 minute read

National Law Journal

FTC Chair Lina Khan Calls for Investigation of High Grocery Prices

"We want to make sure that major businesses are not exploiting their power to inflate prices for American families at the grocery store," Khan said.
2 minute read

National Law Journal

Children's Online Safety Bills Raise Concerns About Censorship, First Amendment Rights

"[T]he last thing students and parents need is another act of government censorship deciding which educational resources are appropriate for their families," Jenna Leventoff, the ACLU's senior policy counsel, said in a statement.
5 minute read

National Law Journal

'Convoluted Junk Fee Scheme'?: DC Attorney General Files Lawsuit Over StubHub Ticket Pricing

"This consumer protection enforcement case seeks to remedy and end StubHub's unfair and deceptive practice of charging hidden junk fees to consumers who purchase tickets on its website and mobile application," according to the allegations in the complaint filed in District of Columbia Superior Court.
3 minute read

Daily Report Online

FTC, For-Profit Online Education Group Reach $43.5M Agreement After Consumer Protection Suit Filed Monday

Just one day after the U.S. Federal Trade Commission filed a false advertising lawsuit against an online educational institution headquartered in Georgia, the government indicated that the parties agreed to settle the case for $43.5 million in student debt and refunds.
4 minute read

The Recorder

Federal Ruling 'Sets Precedent' for 'Trap and Trace' Software Class Actions in Calif.

"It's the first case effectively saying that software on a website can violate the Trap and Trace Law," said Robert Tauler, an attorney at Los Angeles firm Tauler Smith, who is representing the plaintiff.
3 minute read

Corporate Counsel

CrowdStrike Glitch Highlights Risk of Single Point of Failure in Cybersecurity

Competition regulators took notice when a faulty software update from CrowdStrike, a major player in the cybersecurity industry, took down Windows systems all over the world. FTC Chair Lina Khan called it another example of "how concentration can create fragile systems."
7 minute read

Texas Lawyer

Meta Reaches $1.4B Settlement With Texas: Meet the Lawyers

McKool Smith and Keller Postman assisted the Texas attorney general in achieving an accelerated settlement of $1.4 billion with Meta for its unauthorized use of Facebook users' biometric data.
4 minute read

Law.com

Messner Reeves Salt Lake City Managing Partner Accused of Stealing $10M from Escrow Deposits for Fraudulent Loan Provider

"It's a very unusual thing for borrowers to take out huge sums of money to be able to borrow money," the plaintiffs' attorney Howard W. Foster said about the Utah lawsuit. "It's backwards; you have to put up a ton of money in order to borrow money. I've never heard of anything like that. It's not going to stop until the court steps in."
5 minute read

Law.com

'We Are Becoming Scapegoats': One Year Post-SEC Cybersecurity Disclosure Updates and Impacting Rulings

"We need more accountability for the organization instead of focusing on the security leaders of these companies who, in many instances, have their hands tied by execs and the board," said George Gerchow, faculty of cybersecurity consulting firm IANS Research. "We are becoming scapegoats. If this trend continues, you will see an even larger gap in security talent willing to put their credibility on the line, as well as facing charges by the SEC and DOJ."
5 minute read

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