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• AG Jepsen Announces Multistate Settlements with Natixis and Societe Generale over Anticompetitive Municipal Bond Derivatives Scheme

  Several Connecticut municipalities and nonprofit organizations are expected to benefit from multimillion-dollar settlements with Natixis Funding Corp. and Societe Generale, S.A. that resolve allegations that the companies engaged in fraudulent and anticompetitive conduct in municipal bond derivative transactions with governments and organizations around the country, Attorney General George Jepsen announced today.

• AG Jepsen, Banking Commissioner Pérez: RBS enters $120M Settlement with State of Connecticut to Resolve RMBS Investigation

  – 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.

• AG Jepsen: Connecticut Joins $41.2M Multistate Settlement with Hyundai, Kia over Fuel Economy Claims

  The state of Connecticut will receive $1,490,190 as part of a multistate settlement with automakers Hyundai and Kia to resolve claims that the companies misrepresented the mileage and fuel economy ratings for some of their model year 2011, 2012 and 2013 vehicles, Attorney General George Jepsen announced today.

• AG Jepsen, Consumer Counsel Katz Applaud PURA Action Ordering Electric Supplier Palmco to Advise Customers on Potentially High Rates and Switching to Standard Service Rate

  Attorney General George Jepsen and Consumer Counsel Elin Swanson Katz today welcomed an interim decision from the state Public Utilities Regulatory Authority ordering electric supplier Palmco Power CT, LLC to issue notices to all of its existing customers advising them how to immediately switch to the standard offer provided by either Eversource Energy or The United Illuminating Company.

• 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.

• Connecticut Joins $28.125M State-Federal Settlement with Omnicare to Resolve Depakote False Claims Allegations

  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.

• Connecticut Joins Multistate Settlement with Bristol-Myers Squibb over Abilify Marketing Allegations

  Connecticut has joined a $19.5 million multistate settlement with drug-maker Bristol-Myers Squibb to resolve allegations that the company improperly marketed the atypical antipsychotic drug, Abilify, Attorney General George Jepsen and state Department of Consumer Protection Commissioner Jonathan A. Harris announced today.

• Honorable Audrey Rowe , Department of Income Maintenance , 1993-016 Formal Opinion, Attorney General of Connecticut

  By your letter of May 4, 1992, you requested our opinion on several questions about the exclusion of irrevocable funeral accounts from consideration as assets in determining eligibility for your Department's programs. Essentially, you asked whether the monetary limit Conn. Gen. Stat. §42-207 places on such accounts is a requirement for their validity. If it is, you asked whether the limit may be exceeded either by creating an account outside the state and then transferring it to the state or by creating multiple irrevocable accounts whose total amount exceed the limit.

• Connecticut Leads 20 State Coalition Filing Federal Antitrust Lawsuit against Heritage Pharmaceuticals, other Generic Drug Companies

  Attorney General George Jepsen today joined with 19 other state attorneys general in filing a federal lawsuit against generic drug-makers Heritage Pharmaceuticals, Inc., Aurobindo Pharma USA, Inc., Citron Pharma, LLC, Mayne Pharma (USA), Inc., Mylan Pharmaceuticals, Inc. and Teva Pharmaceuticals USA, Inc. alleging that they entered into illegal conspiracies in order to unreasonably restrain trade, artificially inflate and manipulate prices and reduce competition in the United States for two drugs: doxycycline hyclate delayed release, an antibiotic, and glyburide, an oral diabetes medication.

• Former Group Home Operator Agrees to Pay $1.5M to Resolve Joint State and Federal Investigation

  The state and federal government have reached a $1.5 million joint settlement with a former Connecticut group home operator to resolve allegations that the company submitted claims paid by Medicaid for interest expenses that were not allowable under the state's cost reporting guidelines, Attorney General George Jepsen said today.

• AG Jepsen: Conn. Taking Part in Multistate Investigation on Opioid Epidemic

  Attorney General George Jepsen today announced that Connecticut is working with a bipartisan coalition of attorneys general from across the country on an ongoing investigation to evaluate whether pharmaceutical manufacturers have engaged in unlawful practices in the marketing and sale of prescription opioids.

• AG Jepsen and Broad Coalition Vow Lawsuit if EPA Continues Ignoring Legal Duty to Control Methane Pollution

  Attorney General George Jepsen has joined a coalition of 15 other attorneys general, the California Air Resources Board, and the Corporation Counsel for the City of Chicago in notifying the Environmental Protection Agency (EPA) of their intention to sue the Agency. In a letter to EPA Administrator Scott Pruitt, the coalition provides the required notice of their intention to sue for failing to fulfill its mandatory obligation under the Clean Air Act to control methane emissions from existing oil and natural gas sources and for "unreasonably delaying" the issuance of such controls.

• Hon. Howard B. Brown, Commissioner of Banking, 1990-007 Formal Opinion, Attorney General of Connecticut

  This is in response to your request for an opinion from this office regarding the constitutionality of provisions of the proposed interstate banking bill which would set interest rate caps on credit cards as a condition of entry by out-of-state bank holding companies, out-of-state savings and loan holding companies, out-of-state banks, out-of-state savings banks, and out-of-state savings and loan associations.

• AG, DSS: State Reaches Settlement with Stamford-based Dentist Resolving False Claims Act Lawsuit

• AG Jepsen: Conn. Joins Effort to Fight Trump Move Weakening Protections against Predatory For-profit Colleges

  Attorney General George Jepsen today announced that Connecticut has joined 18 other attorneys general in a federal lawsuit against Secretary of Education Betsy DeVos and the United States Department of Education that seeks to stop the department's abandonment of new rules to hold abusive colleges and universities accountable for misconduct and to relieve their students from federal loan indebtedness incurred as a result of misconduct.