McGuireWoods’ Ponzi Litigation team launched its Ponzi Perspectives blog in early 2021. Since that time, we’ve posted detailed case alerts of Ponzi-related complaints filed throughout the country and posted key decisions that have the potential to influence controlling law on Ponzi-related issues involving financial institutions. This 2023 year-end round up summarizes the cases and opinions
Commercial Roundup – January 10, 2024
Welcome to the first Commercial Roundup in 2024–and Happy New Year.
- Promise to charge “competitive” price for power didn’t require price lower than default utility charged.
- Hot off the Antitrust Division and FTC presses.
- Contract naming Chinese parent firm as consignee of cattle feed did not make parent a party to contract its
How Will AI Affect Class Actions?
On this Cyber-Monday, we would like to address one of the hottest technology topics of the past year: artificial intelligence. Some have speculated that AI may help boost low response rates to settlement notices. But there are also concerns that AI could make it easier to file fake class-action suits.
How the Federal Government’s AI Risk Management Practices Will Set the Standard: A Closer Look at Government Action Following President Biden’s Executive Order on AI
By: Rachel V. See
Seyfarth Synopsis: Following President Biden’s comprehensive Executive Order on AI, the White House announced the formation of the “US AI Safety Institute” within the Commerce Department’s technology arm, the NIST. The Institute has been directed to develop technical guidance used by regulators, such as the EEOC, considering rulemaking and enforcement on
Ponzi Perspectives: 2023 Midyear Roundup
Since 2021, McGuireWoods’ Ponzi Litigation team has been tracking and posting case alerts on Ponzi-related complaints filed in federal and state courts throughout the country and analyzed key decisions that have the potential to influence controlling law on Ponzi-related issues. The blog also posts practical considerations like effective defenses to dismiss Ponzi litigation and common