04.24.19
The Supreme Court, in a sharply-divided 5-4 ruling issued on April 24, ruled that nothing in the Federal Arbitration Act allows courts to compel class action arbitration even if the contract is ambiguous in that regard, and notwithstanding rules that direct courts to interpret such ambiguities most ...
The Federal Deposit Insurance Corporation (FDIC) just reiterated its guidance on managing risks in technology service provider (TSP) relationships in a new Financial Institution Letter (FIL).
04.22.19
On April 17, 2019, the Office of Information and Regulatory Affairs proposed a second set of new opportunity zone (OZ) regulations.
04.18.19
“Free” trial offers that did not adequately state the terms of auto renewal programs and failed to disclose compensated reviews resulted in a deal with the Federal Trade Commission (FTC) for UrthBox, Inc., and its principal, Behnam Behrouzi.
Continuing the effort to push back against the California Consumer Protection Act (CCPA), ad industry groups are speaking out about the proposed legislation that would expand private rights of action and eliminate the law’s right to cure.
To settle a false advertising class action, The Gap will provide class members with 30 percent off coupons and make a $1 million payment to class counsel.
What makes a potato skin a potato skin?
04.17.19
In perhaps the first decision of its kind, Magistrate Judge Joseph Spero of the Northern District of California issued on February 28, 2019 his 106-page Findings of Fact and Conclusions of Law (Order) in the ERISA class action Wit v. United Behavioral Health.
04.16.19
Legislation on cannabis banking continues to make its way through the House of Representatives, with one bill garnering approval by the Financial Services Committee.
04.12.19
The staff of the SEC issued a no-action letter Wednesday, April 3, 2019, to TurnKey Jet, Inc., agreeing that digital tokens used by the business-travel startup did not meet the definition of a security.