State Attorney General | featured news

Publishers to pay $69 million over e-book price-fixing allegations


Three major U.S. e-book publishers have agreed to a deal that will see them pay a significant sum for alleged e-book price-fixing. Connecticut State Attorney General George Jepsen yesterday announced that he, "along with 54 attorneys general in other states, districts, and U.S. territories," have signed a $69 million deal with Hachette Book Group, HarperCollins Publishers, and Simon & Schuster (which is owned by CBS, the same company that publishes CNET) to settle antitrust claims over an alleged conspiracy to artificially inflate e-book prices.


7 banks subpoenaed over rate-fixing

The attorneys general of New York and Connecticut have issued subpoenas to seven banks over the possible manipulation of a global interest rate, a person with knowledge of the matter told The Associated Press on Wednesday....


Black Friday sales may be illegal in Okla.

Uh-oh. Oklahoma's attorney general says the hot Black Friday deals could violate state law because many are offered at below cost, The Oklahoman reports. In an opinion published Dec. 13, Attorney General Scott Pruitt said offering items for sale below cost violates the unfair sales act. "Cost" is defined as the invoice or replacement cost to the retailer plus a 6% markup, the newspaper says.


California attorney general's office subpoenas Fannie, Freddie

Information is sought on the mortgage giants' roles as landlords who own thousands of foreclosed properties in California. Also sought are details of their mortgage-servicing and home-repossession practices, a source says.


Foreclosure Reform Deal With Banks Still Far Off: State Attorneys General

Changing the face of foreclosure in America will take some time, several state attorneys general said Wednesday, cautioning that an agreement with major lenders over revamped foreclosure practices was not imminent. "We want to move as quickly as possibly but it has to be done right," said Roy Cooper, the attorney general of North Carolina. "We have plowed this ground before."Ever since the law enforcement officials from all 50 states signed on last month to a highly publicized investigation of big mortgage lenders, there has been a public tug of war.


Up to 40 states plan inquiry into foreclosure data

Up to 40 states plan inquiry into foreclosure data

The attorneys general of up to 40 states plan to announce soon a joint investigation into banks' use of flawed foreclosure paperwork.


Craigslist to meet with state AGs over sex ads

Three state attorneys general plan to meet with Craigslist representatives to begin negotiations toward eliminating advertisements from the site for prostitution and other suspected illegal sexual activities.


Subscribe to this RSS topic: Syndicate content