Monthly Archives: January, 2023

NY AG Sues Founder of Crypto Firm Celsius

New York Attorney General Letitia James filed a complaint against Celsius Network LLC CEO Alex Mashinsky on Thursday. James, on behalf of the...

Following Crackdown, FTC Proposes Rule to Ban Non-Compete Clauses

Just one day after announcing actions that nullified non-compete agreements for employees of three companes, the Federal Trade Commission (FTC) has revealed its proposal...

SEC Says Gold Mining SPAC Ex-CFO Orchestrated $5M Fraud Scheme

According to court records, Cooper Morgenthau has pled guilty to embezzling funds from the three SPACs he founded. For violating the Securities Act and...

FTC Cracks Down on Illegal Noncompete Restrictions for Thousands of Workers

The Federal Trade Commission (FTC) won three quick cases against companies imposing harsh noncompete clauses on their employees. In a statement, they say these...

FTC Hits Back at Data Broker Kochava’s Bid to Stop Enforcement Action

On Tuesday, the Federal Trade Commission (FTC) argued that Idaho-based Kochava Inc.’s “preemptive suit” intended to stop a separate enforcement action filed against the...

SEC Charges CoinDeal Promoters with $45M Fraud Scheme, Sale of Unregistered Digital Tokens

A Securities and Exchange Commission (SEC) lawsuit filed in the Eastern District of Michigan on Wednesday took aim at several individuals and entities in...

Irish Data Watchdog Fines Meta €390M for Ad Delivery System Abuses in EU

On Wednesday, Ireland’s Data Protection Commission (DPC) announced the conclusion of two inquiries into the data processing operations of Meta Platforms Ireland Limited in...

District of Minnesota Consolidates Additional Pork Antitrust Lawsuits Into MDL

On December 27, 2022, the United States Judicial Panel on Multidistrict Litigation (JPML) issued a conditional transfer order consolidating Maximum Quality Foods, Inc. v....