Press Release Archived
Page 15 of 76
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Attorney General George Jepsen announced today that Connecticut has joined a $470 million joint state-federal settlement with mortgage lender and servicer HSBC to address mortgage origination, servicing, and foreclosure abuses. Connecticut joins 48 other states, the District of Columbia, U.S. Department of Justice (DOJ), the U.S. Department of Housing and Urban Development (HUD) and the Consumer Financial Protection Bureau (CFPB) in today’s settlement.
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– RBS Securities, Inc. will pay $120 million to the state of Connecticut to resolve an investigation into its underwriting of residential mortgage-back securities (RMBS) in the lead-up to the 2008 financial crisis, Attorney General George Jepsen and state Department of Banking Commissioner Jorge Perez announced today.
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The Connecticut Office of the Attorney General today issued its proposed final decision on the application for a joint venture between the Greater Waterbury Health Network, Inc. and Prospect Medical Holdings, Inc. The proposed final decision approves the transaction, but places certain conditions on its approval.
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Attorney General Issues Proposed Final Decision in ECHN, Prospect Hospital Conversion Application
The Connecticut Office of the Attorney General today issued its proposed final decision on the application for a joint venture between the Eastern Connecticut Health Network, Inc. and Prospect Medical Holdings, Inc. The proposed final decision approves the transaction, but places certain conditions on its approval.
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Omnicare, Inc. – an institutional pharmacy that provides pharmaceuticals and related pharmacy services to long-term care and chronic care facilities – has agreed to a $28.125 million settlement with the federal government and several states to resolve civil allegations that the company conspired with drug manufacturer Abbott Laboratories through a number of disguised kickback arrangements to increase overall utilization of the drug Depakote, Attorney General George Jepsen, Chief State's Attorney Kevin Kane and Department of Social Services Commissioner Roderick L. Bremby said today.
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Attorney General and Department of Consumer Protection Warn Consumers about Crowdsourcing Scams
The Connecticut Department of Consumer Protection (DCP) and the Office of the Attorney General are issuing a warning to Connecticut consumers about crowdsourcing scams. Crowdsourcing is a strategy that some people or organizations use to raise or solicit money for a charitable cause.
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Attorney General George Jepsen and state Department of Consumer Protection Commissioner Jonathan A. Harris are advising Connecticut residents who may be holding gift cards, certificates or store credits to the electronic retail establishment RadioShack to use their gift cards as soon as possible. The company recently filed bankruptcy and has announced plans to close stores in Connecticut as early as February 17 and as late as March 31 of this year.
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Don’t Pay for Financial Aid Forms or Information, State Officials Advise
The Department of Consumer Protection, Department of Banking and the Office of the Attorney General are warning high school seniors and college students applying for college financial aid to steer clear of companies charging fees for financial aid forms. These services, which falsely imply that they will improve an applicant’s chances of success, often end up charging students as much as $1,000 for materials that are available at no cost.
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Attorney General George Jepsen announced today that Connecticut, the U.S. Department of Justice, 18 states and the District of Columbia have reached a settlement agreement with Standard & Poor's Financial Services LLC resolving allegations that S&P mislead investors when it rated structured finance securities in the lead-up to the 2008 financial crisis.
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State Warns Businesses about “Official” Reporting Scam
Department of Consumer Protection Commissioner Jonathan A. Harris, Secretary of the State Denise Merrill and Attorney General George Jepsen are warning businesses across Connecticut about bogus forms being sent by the “Division of Corporate Services” seeking payment for an “Annual Records Statement,” alleging that payment is required by Connecticut law.
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"I am pleased that Anthem has responded quickly and positively to our request and that consumers affected by the data breach will be able to access the promised free identity theft protection and credit monitoring beginning this coming Friday, February 13. I strongly urge all affected Connecticut residents to take advantage of these services as soon as they can."
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"My office will continue to aggressively investigate these breaches and, where appropriate, take action when we feel that notification has not been reasonable or protections offered to consumers are not adequate."
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Statement from AG Jepsen on Ruling in Apple eBooks Appeal
"This enforcement action and the settlements that arose from it are representative of my continued commitment to ensuring Connecticut consumers the benefits of an honest, open and competitive marketplace. I'm extremely proud of the work of my staff and of the exemplary cooperation amongst state attorneys general and the Department of Justice that has led to today's ruling."
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"This settlement brings to a close a case that has endured for more than a decade and ends the uncertainty of litigation for all involved parties."
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"I am particularly gratified that this approval paves the way for expediting remediation of the polluted English Station site in New Haven under a consent order negotiated by my office, working with Governor Malloy and the state Department of Energy and Environmental Protection."