Each week, Crowell & Moring’s State Attorneys General team highlights significant actions that State AG’s have taken. Here are this week’s updates.
Monday, Feb. 22, 2021
Financial Services | Consumer Financial Protection Bureau
- In an example of states working with the Consumer Financial Protection Bureau (“CFPB”), the CFPB and the Massachusetts, New York, and Virginia attorneys general filed a lawsuit against Libre by Nexus and its parent company Nexus Services in the U.S. District Court for the Western District of Virginia. The lawsuit alleges that the company offered to pay immigration bonds to secure the release of immigrants held in federal detention centers, while it concealed the cost and true nature of the services. Among other things, the company allegedly misrepresented that it was associated with federal agencies and actors, threatened clients who failed to pay fees, and forced clients to wear GPS trackers.
- Arizona Attorney General Brnovich announced an agreement with Arizona Public Service Company, which will provide $24 million for consumers who were not on the company’s most economical electric utility service rate plan.
- Missouri Attorney General Schmitt announced a default judgment against timeshare-relief services company Martin Management Group LLC and its owner for allegedly failing to provide timeshare relief services and failing to provide refunds. The judgment includes injunctive relief and a payment of $222,768.90 to the state.