California’s Climate Disclosure Laws Face Threats of Weakened Implementation Amid Business Group Opposition

SACRAMENTO, Calif. — California’s groundbreaking laws requiring large companies to disclose their greenhouse gas emissions and climate-related risks face potential obstacles that could allow polluters to conceal their climate impacts. The U.S. Chamber of Commerce and other business groups have sued to block the laws, claiming they infringe on First Amendment rights by compelling companies to release information on climate change. Surprisingly, Governor Gavin Newsom, who signed the bills into law, is now showing resistance and seeking to water down the requirements. California became the first state to pass laws mandating standardized, public reporting of … Read more

Landmark Ruling Challenges Corporate Transparency Act, Halts Disclosure Provision

MIAMI — A judge in Miami has ruled against a provision in the Corporate Transparency Act that requires companies to disclose their true owners to the federal government. The ruling comes as a blow to efforts to combat money laundering and other illicit activities. The Act, passed earlier this year, aimed to increase transparency and curb the use of anonymous shell companies for illegal purposes. However, Judge John Doe declared the disclosure provision unconstitutional, arguing that it violated the due process clause of the Fifth Amendment. The decision has sparked controversy among supporters of the … Read more

Lender Faces $5 Million Lawsuit Over Recent Data Breach, Alleged Lack of Disclosure and Mitigation Assistance

Rochester, New York – Premium Mortgage Corp., a lender based in Rochester, is facing another class action lawsuit after a data breach exposed sensitive client information. The breach, which occurred over the summer, compromised the names and Social Security numbers of 10,835 clients. Now, one of the affected consumers, Toni Hyde, has filed a complaint against the company, seeking at least $5 million in damages. The lawsuit alleges that Premium Mortgage’s disclosure regarding the breach was not specific enough to adequately assist affected individuals in mitigating the harm caused by the incident. Hyde claims that … Read more

Transparency Dilemma: State Panel to Weigh More or Less Disclosure for NC Attorney Complaints

RALEIGH, N.C. – A state panel in North Carolina is currently deliberating on whether there should be more or less transparency for complaints filed against attorneys. The panel’s recommendation is highly anticipated as it could significantly shape the way attorney misconduct allegations are handled in the state. The debate centers around the balance between protecting the public and the right to privacy for attorneys facing complaints. Proponents of increased transparency argue that the public has a right to know about any potential misconduct by attorneys who are supposed to uphold the law. They believe that … Read more