$45M Settlement Reached Over Cash App Fraud Protections

Consider writing about:

A $45 million settlement between Block Inc. and 46 states over Cash App’s fraud protection performance; alleged customer harms or risks resulting from Block systems or practices; practices that Block is required to implement (or, in some cases, cease) as part of the multistate settlement; how Cash App and similar companies are regulated, compared to a traditional lending institution; what the Block Inc. settlement may demonstrate regarding state AGs’ priorities and powers, whether generally speaking or in the context of a response to the second Trump administration’s approach to regulation and oversight.

Related information:

https://nebraskapublicmedia.org/en/news/news-articles/nebraska-attorney-general-announces-45-million-multistate-settlement-with-company-behind-cash-app

What’s Next for the CFPB?

Consider writing about:

What may be ahead for the Consumer Financial Protection Bureau, given that Russell Vought’s tenure as acting director is due to end in August; who is in line to succeed Vought; how Vought has reshaped the CFPB; what to know about the CFPB’s current status, funding, and priorities.

What to Know About Canada’s Companies’ Creditors Arrangement Act

Consider writing about:

Canada’s Companies’ Creditors Arrangement Act; types of proceedings covered by this statute; how the Act compares to Chapter 11 under the U.S. Bankruptcy Code; key obligations, rights, or potential pitfalls or misunderstandings involving the Companies’ Creditors Arrangement Act, whether on the part of financially troubled companies, their creditors, or their employees; any noteworthy recent cases involving the Companies’ Creditors Arrangement Act.

Bankruptcy Judge OKs $46M Settlement for Victims of 23andMe Data Breach

Consider writing about:

A bankruptcy judge’s July 7 order pertaining to a 2023 data breach of genetic testing company 23andMe; what the judge’s action means for 23andMe’s parent company and for customers who were affected by the cybersecurity breach; what affected individuals should know about their rights and the potential for financial compensation in this case; any lessons from this case regarding cybersecurity and cyberinsurance; what to know about other claims against 23andMe over the breach.

Related information:

https://www.fastcompany.com/91570629/23-and-me-customer-compensation-bankruptcy-hack-payment-who-is-eligible-file-claim

Creditor Options in the Event of Fraud by a Debtor [Ongoing]

Consider writing about:

Fallout from fraud or other misconduct on the part of a debtor in a bankruptcy dispute; past or common examples of such behaviors; options that creditors who suspect debtor misconduct may be able to pursue, either on their own or with the help of outside parties; potential forms of relief for creditors, and penalties for debtors found to have committed bankruptcy fraud.

Roku Reaches Settlement With Florida Over Children’s Data Privacy

Consider writing about:

A settlement reached between Roku and Florida’s attorney general over the streaming platform company’s handling of children’s data; significance of this settlement; how Roku’s systems or practices are poised to change per the terms of the Florida settlement; how the state-level enforcement landscape is looking this year for companies that handle children’s data; what companies should know about privacy obligations and related legal risks involving children’s data.

Related information:

https://www.myfloridalegal.com/newsrelease/florida-attorney-general-james-uthmeier-and-roku-announce-resolution-digital-privacy-0

Federal Judge Dismisses Consumer Lawsuit Over Ultra-Processed Food Products

Consider writing about:

A Pennsylvania federal judge’s dismissal of a lawsuit against major food industry companies over ultra-processed products; basis for the court’s dismissal of the suit; how other lawsuits over ultra-processed foods are performing; whether companies are (or should be considering) modifying their products in the face of apparently heightened attention to ultra-processed foods’ possible health impacts.

Related information:

https://www.fooddive.com/news/food-giants-ultraprocessed-lawsuit-dismissed/824472

Nuclear Energy Trends Worth Noting

Consider writing about:

Nuclear energy trends, whether in a specific country or region or globally; how legislators, regulators, and key decisionmakers regard nuclear energy these days; whether nuclear energy is having a rebirth of sorts, and, if so, why; how contemporary nuclear energy development and planning of today compare to the trends of prior decades; financial incentives or other lures that states are using to attract the nuclear energy industry; environmental claims being brought in opposition to nuclear power plants; other potential obstacles that the nuclear energy industry should be aware of.

$450M Settlement Reached Over PFAS Impacts in Three States

Consider writing about:

A $450 million multistate settlement announced last month involving Chemours facilities that use or produce PFAS (commonly known as “forever chemicals”); how this settlement represents a first; key terms of the consent decree in this case; what this case may indicate regarding the Trump administration’s stance on “forever chemicals;” any other recent federal or state PFAS-related enforcement actions that businesses should know about; where the most significant PFAS-related risks exist these days for businesses.

Related information:

https://www.justice.gov/opa/pr/chemours-agrees-450m-landmark-settlement-agreement-releases-pfas-forever-chemicals-west

https://www.epa.gov/newsreleases/epa-obtains-over-450-million-penalties-and-relief-agreement-chemours-settle-claims

Multiple Retailers Sued Over Use of Algorithmic Pricing Tool’s Impact on Gas Prices

Consider writing about:

California residents’ lawsuit against multiple retailers over their alleged use of an AI-powered algorithm to drive up gas prices; what to know about algorithmic pricing systems; why the use of this type of system has given rise to antitrust allegations in various contexts; how algorithm-related antitrust cases are faring in the courts; any additional pressures of note (from legislators or regulators) regarding algorithmic pricing.

Related information:

https://finance.yahoo.com/technology/ai/articles/7-eleven-circle-k-named-100000633.html