Iowa AG Brenna Bird sued cryptocurrency ATM operators Lux Vending, LLC, and Bitcoin Depot Operating, LLC and GPD Holdings LLC d/b/a CoinFlip for allegedly failing to protect consumers from scams perpetrated using their ATMs in violation of state consumer protection law.

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A group of 23 Democratic AGs filed an amicus brief supporting a motion for a preliminary injunction seeking to prevent the CFPB’s Acting Director from declining to draw additional funds on behalf of the agency. The complaint alleges that the CFPB’s failure to draw additional funds will effectively defund the agency, and that a failure to…

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New Jersey AG Matthew Platkin has settled with Edward D. Jones & Co., L.P., as part of a multistate investigation that included 14 states and the North American Securities Administrators Association, over allegations that the broker-dealer overcharged customers and failed to adequately supervise its financial professionals when moving commission-based brokerage accounts to fee-based investment advisory…

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In a webinar hosted on January 14, 2025,  the Cozen O’Connor State AG Group, in partnership with the U.S. Chamber of Commerce Institute for Legal Reform, discussed the impacts of new federal agency leadership and the role of state attorneys general as regulators and enforcers, with a particular focus on four critical sectors: financial services,…

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The CFPB has finalized a rule amending regulations under the Fair Credit Reporting Act to address the use and reporting of medical information in credit decisions. The Prohibition on Creditors and Consumer Reporting Agencies Concerning Medical Information (Regulation V) final rule removes an exception that previously allowed lenders to use medical debt information in credit eligibility…

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