What is it about presidential campaigns that brings out some of the worst examples of trademark bullying? Two years ago, we shot down bogus a trademark demand by the Ready for Hillary pre-campaign PAC, which tried to suppress Liberty Maniac's “Ready for Oligarchy” parody. (Readers of this blog may remember Liberty Maniacs (and its owner, […]
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Last week, the California Supreme Court ruled unanimously that state labor law prohibits employers from forcing workers to perform their job on their feet when their tasks could be done sitting down. The ruling, which requires consideration of the totality of circumstances in determining whether seats are required for a particular job, was handed down […]
As you may have heard, on March 30, a D.C. district court threw out a designation by the federal Financial Stability Oversight Council (FSOC) that MetLife needs to comply with special government safeguards under Dodd-Frank for entities whose "material financial distress" could "pose a threat to the financial stability of the United States." (Here's coverage […]
We wrote yesterday about Goldman's $5 billion settlement with the government in connection with the financial crisis. The New York Times reports that fine print in the deal might get Goldman off the hook for up to 20% of that amount, through the use of various credits. Read the details here. (HT: alert reader Matthew […]
The Federal Trade Commission announced yesterday: Four companies that market skin care products, shampoos, and sunscreens online have agreed to settle Federal Trade Commission charges that they falsely claimed that their products are “all natural” or “100% natural,” despite the fact that they contain synthetic ingredients. The Commission has issued a complaint against a fifth […]
Companies pretend to be from the IRS and represent that you're in big, big trouble. (I've gotten a couple of these myself this month.) Ars Technica has the details.
In this article, Zoe Tillman describes an oral argument today in the D.C. Circuit involving a challenge to the Consumer Financial Protection Bureaus's structure. Specifically, the challengers say that Congress gave the CFPB's director too much power and independence. Tillman says that the D.C. Circuit appears to agree with the challengers: A federal appeals panel […]
This week's settlement between the financial giant and the government is the latest in a string of billion-dollar settlements addressing Wall Street misconduct in the lead-up to the financial crisis of 2008. (The others were with JPMorgan Chase, Bank of America, Citibank, and Morgan Stanley, and the values ranged from approximately $3 billion to $16 billion.) […]
A company called Nest makes an electronic hub (the Revolv hub) that enables consumers to control the lights in their home remotely. Customers buying the product were promised "free lifetime service subscription." But next month, the Revolv hub will become inoperable, thanks to Nest itself. Why? Because the company prefers to put its resources toward a newer product […]
The Restoring Statutory Rights Act of 2016, sponsored by Democratic Senator Patrick Leahy, was sent to congressional committee on February 4, 2016 for consideration. The proposed legislation declares that the FAA “did not, and should not have been interpreted to, supplant or nullify the legislatively created rights and remedies which Congress . . . has […]