Urging

Tech Titans Clash with Australian Regulations, Urging U.S. Intervention Over ‘Discriminatory’ Policies

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Washington, D.C. – A prominent tech lobby group, representing Silicon Valley giants like Google, Meta, Apple, Amazon, Uber, and Elon Musk’s X, has voiced concerns over Australian regulations that they deem discriminatory towards their business operations. The Computer & Communications Industry Association (CCIA) has urged President Donald Trump’s administration to scrutinize these laws, arguing they threaten the revenue streams of its member companies. In a detailed submission to the Office of the US Trade Representative, dated March 11, the CCIA criticized several existing and proposed Australian rules. These regulations included the News Media Bargaining Code, … Read more

CFPB Releases Comprehensive Guide Urging States to Strengthen Consumer Protection Laws Amid Federal Uncertainties

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In response to a shifting regulatory landscape, the Consumer Financial Protection Bureau (CFPB) has recently issued guidance recommending that states enhance their consumer protection laws. This comes amid anticipation of scalebacks in federal oversight under the current administration, including significant budget cuts and layoffs at the CFPB. The CFPB’s report traces a long history of cooperation between state and federal governments aimed at safeguarding consumers. It highlights lessons from past economic hardships, such as the savings and loan crisis of the 1980s and the 2007-2008 mortgage crisis, stressing the need for vigilant oversight. To this … Read more

Johnson Fistel, LLP Initiates Class Action Lawsuit Against Nextracker Inc., Urging Investors to Claim Losses

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SAN DIEGO — Investors who bought shares in Nextracker Inc. (NASDAQ: NXT) between February 1, 2024, and August 1, 2024, now face a critical deadline. They have until February 25, 2025, to join a class action lawsuit spearheaded by Johnson Fistel, LLP, which aims to compensate shareholders for losses incurred due to alleged misleading statements by the company. The class action asserts that Nextracker, along with certain executives, misrepresented the impacts of project delays on the company’s financial health and operational capabilities. These delays, according to the lawsuit, were not accurately reflected in the company’s … Read more

Maryland State’s Attorneys Rally for Reform of Juvenile Justice Laws, Urging Action to Address Youth Offenses

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ANNAPOLIS, Md. (AP) — State’s Attorneys from across Maryland are urging lawmakers to provide relief from the state’s reform laws, which they argue have proven crippling since their passage two years ago. The plea comes as supporters of a new bill designed to reform the juvenile justice system make their case before Maryland’s Senate Judicial Proceedings Committee. The proposed legislation would enable the prosecution of juveniles under 13 for specific firearm offenses, third degree sexual abuse, animal abuse, and vehicle theft. Currently, those under 13 cannot be prosecuted for non-violent offenses. Baltimore County State’s Attorney … Read more