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HTMLWhen is a Product Natural? A Dangerous New Front in the Battle Over A Notoriously Undefined Term
Barry M. Benjamin, John C. Knapp; Kilpatrick Townsend & Stockton LLP;
Legal Alert/Article
November 25, 2013, previously published on November 22, 2013
A class action filed in California this month challenges the “100% Natural” claim on Celestial Seasonings’ teas on the basis of testing alleged to have revealed the presence of various pesticides and other toxic elements in the product. However, the case, Von Slomski v. Hain...

 

Adobe PDFNew York Department of Financial Services Takes Next Step toward Regulation of Bitcoin
Ravi R. Desai, Erich M. Hellmold, Michael A. Mancusi, Kevin M. Toomey; Kilpatrick Townsend & Stockton LLP;
Legal Alert/Article
November 20, 2013, previously published on November 15, 2013
On November 14, 2013, the New York Department of Financial Services (“NYDFS”) issued a Notice of Intent (“Notice”) to hold a hearing on Bitcoin and other virtual currencies in their continued effort to establish the appropriate regulatory guidelines and standards for this...

 

Adobe PDFOCC Guidance Details Expectations and Oversight of Independent Consultants for Enforcement Actions Involving Significant Violations of Law, Fraud, or Harm to Consumers
Ravi R. Desai, Michael A. Mancusi, Kevin M. Toomey; Kilpatrick Townsend & Stockton LLP;
Legal Alert/Article
November 19, 2013, previously published on November 15, 2013
On November 12, 2013, the Office of the Comptroller of the Currency (“OCC”) issued OCC Bulletin 2013-33, which provides guidance and establishes standards that the OCC will use when requiring banks to employ independent consultants in connection with enforcement actions. The bulletin...

 

HTMLPinterest Revises Contest Policy
Barry M. Benjamin, Lindsay A. Victor; Kilpatrick Townsend & Stockton LLP;
Legal Alert/Article
November 5, 2013, previously published on October 31, 2013
Following on the heels of Facebook’s recent changes to its promotions’ guidelines, Pinterest has also revised its Acceptable Use Policy last week to include updated contest guidelines. Unlike Facebook’s revised guidelines, which relaxed limitations on Facebook contests,...

 

Adobe PDFCFPB Trial Disclosure Program Creates Safe Harbor for Participating Companies and Financial Institutions
Michael A. Mancusi, Kevin M. Toomey; Kilpatrick Townsend & Stockton LLP;
Legal Alert/Article
November 5, 2013, previously published on October 31, 2013
On October 29, 2013, the Consumer Financial Protection Bureau (“CFPB”) published in the Federal Register its Policy to Encourage Trial Disclosure Programs (“Policy”). Section 1032(e) of the Wall Street Reform and Consumer Protection Act of 2010 (“Dodd-Frank Act”)...

 

HTMLSEC Finally Proposes Crowdfunding Rules
W. Benjamin Barkley, Kelsey P. Donnalley, David M. Eaton, Aaron M. Kaslow, David A. Stockton; Kilpatrick Townsend & Stockton LLP;
Legal Alert/Article
October 28, 2013, previously published on October 25, 2013
On Wednesday, October 23, the SEC, at long last, formally proposed rules which would allow companies to offer and sell securities through crowdfunding, as contemplated by the JOBS Act. Crowdfunding is an innovative way for small companies and entrepreneurs to solicit investments from a multitude...

 


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