The Office of Attorney General William Tong
2015 Press Releases
Page 5 of 5
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2/2/2015
Attorney General Jepsen Leads Multistate Coalition in $1.375 Billion State-Federal Settlement with Standard & Poor's
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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1/28/2015
Avoid Companies Offering Student Loan Debt Relief for a Fee
The Department of Consumer Protection, the Department of Banking, and the Office of the Attorney General are warning residents with student loan debt to avoid companies that promise to provide student loan debt relief, but for a fee. Student loan debt is an increasing financial hardship for Connecticut residents. Some unscrupulous companies take advantage of borrowers who are trying to manage or lessen their debt, often charging high up-front fees and not offering any services beyond what borrowers can get at no cost by contacting their loan servicers or the U.S. Department of Education.
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1/25/2015
Attorney General, DCP Remind Residents that Price Gouging on Consumer Items, Energy Resources Prohibited
Attorney General George Jepsen and state Department of Consumer Protection Commissioner Jonathan Harris are reminding residents and retailers that state law prohibits price gouging on consumer items and energy resources during the current civil preparedness emergency in Connecticut.
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1/14/2015
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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1/11/2015
AG, OCC, Legislators Welcome PURA Draft Decision on Electric Bill Disclosures, Ban on Daily and Weekly Variable Rates
Attorney General George Jepsen and Consumer Counsel Elin Swanson Katz today filed formal comments supporting a draft decision issued by the state Public Utilities Regulatory Authority (PURA) last week that will ensure new, comparative rate information is clearly disclosed on electric customers' monthly bills. The requirements stem from legislation passed last year that required the disclosures after thousands of Connecticut residents who purchased electricity from third-party suppliers complained of skyrocketing bills.
The Office of Attorney General William Tong
2015 Press Releases
Page 5 of 5
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AG Jepsen: State Reaches False Claims Act Settlement with Southington Dental Provider
A Southington dentist will pay $55,000 to settle civil healthcare fraud allegations involving the filing of false and fraudulent claims for payments from Connecticut's Medicaid program, Attorney General George Jepsen said today.
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Attorney General George Jepsen and the state Department of Consumer Protection Commissioner Jonathan A. Harris today announced that Connecticut, all 49 other states, the District of Columbia, and the Federal Trade Commission have jointly filed a federal lawsuit against four sham cancer charities and those responsible for their operation. A historic and cooperative effort, the states allege that Cancer Fund of America, Children's Cancer Fund of America, Cancer Support Services and The Breast Cancer Society made misrepresentations to donors by portraying themselves as legitimate charities that provided relief to cancer patients. In addition, the FTC and the plaintiff states charge the defendants with misrepresenting specific program benefits and violating the FTC's Telemarketing Sales Rule, which prohibits deceptive charitable solicitations.
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Attorney General George Jepsen was joined today by eight fellow attorneys general from around the country in urging leadership of the nation's largest credit card issuers to speed up implementation of chip and PIN technology, which is widely considered a more secure means of processing credit card transactions than traditional magnetic -stripe payment cards and the chip-and-signature card process now being rolled out.
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Attorney General George Jepsen and state Department of Consumer Protection Commissioner Jonathan Harris are reminding residents and retailers that state law prohibits price gouging on consumer items and energy resources during the current civil preparedness emergency in Connecticut.
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AG Jepsen Joins Multistate Effort Supporting Victims of Predatory For-profit Schools
Attorney General George Jepsen today joined with 10 fellow attorneys general from around the country in calling on the U.S. Department of Education to cancel federal student loans in cases where Corinthian Colleges and other for-profit colleges and universities have broken state law, including laws prohibiting unfair and deceptive sales practices, and to provide clear processes for students seeking relief.