As the SEC pulls back from corporate governance oversight, Jerry Kilgore comments in Law360 that he expects increased state‑level action across the political spectrum and points to shareholder value as the most reliable guide in a fragmented landscape.

Read More

A coalition of 23 Republican AGs sent a letter to Fitch Ratings, Moody’s Investors Service, and S&P Global Ratings questioning whether the credit rating agencies’ ESG policies violate federal securities laws, state consumer protection laws, and antitrust laws. In the letter, the AGs allege that the ratings agencies downgraded fossil-fuel companies and sectors based on…

Read More

North Carolina AG Jeff Jackson obtained consent judgments against MV Realty and company executives after a North Carolina Superior Court held them liable for unfair and deceptive trade practices and violations of state telemarketing and robocall laws related to the company’s 40-year Homeowner Benefit Agreements. The AG’s office alleged that MV Realty gave homeowners small…

Read More

The FTC settled allegations against high-level participants in LifeWave, a multilevel marketing company that sells phototherapy patches, for allegedly violating the FTC Act by making deceptive earnings claims to recruit new participants. According to the complaint, the LifeWave promoters lured new “brand partners” by touting substantial, unsubstantiated earnings claims, such as $25,000 per week or…

Read More

Texas AG Ken Paxton announced that his office is investigating major music streaming platforms over concerns that they may accept payment to artificially promote certain songs, artists, or content in violation of Texas law. In a press release, the AG’s office indicated that the investigation will focus on whether the music streaming services entered into…

Read More