Consumer Protection
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The U.S. Securities and Exchange Commission on Wednesday announced it had followed other federal agencies with responsibility for the financial sector in approving a final set of changes to the Volcker Rule’s ban on proprietary trading… Read this piece in its entirety at Law360.
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New York City authorities on Wednesday accused T-Mobile USA of cheating customers with “abusive sales tactics” in a multilayered scheme that “targets” young New Yorkers as well as immigrants and Big Apple residents with lower incomes… Read this piece in its entirety at Law360.
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Samsung Electronics Co., Micron Technology Inc. and SK Hynix Inc. scored a win on Tuesday when a California federal court threw out most of a proposed class action brought by consumers who alleged the chip makers colluded to fix prices on dynamic random-access memory, a key component in many digital devices… Read this piece in
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A California federal court on Thursday kept alive a proposed class action claiming Facebook scooped up Android users’ call and text logs without permission and then sold the data to advertisers, but the judge warned that the users don’t have a “guaranteed path to victory”… Read this piece in its entirety at Law360.
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The Ninth Circuit has asked the federal government to weigh in on whether the Clean Air Act keeps state and local authorities from going after Volkswagen, affiliates Audi of America LLC and Porsche Cars North America Inc., and auto parts maker Robert Bosch LLC for allegedly tampering with vehicle emission controls… Read this piece in
Mike LaSusa 