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Article

Morrison & Foerster LLP | USA | 7 Jul 2017

News Round Up - July 2007

The SEC Investor Advisory Committee devoted its June 22, 2017, session to a discussion of the decline in the number of U.S. IPOs. Chair Clayton

Article

Morrison & Foerster LLP | USA | 19 Jun 2017

CFPB Proposes Changes to Prepaid Accounts Rule

On June 15, 2017, the Consumer Financial Protection Bureau ("CFPB") released proposed revisions to its final Prepaid Accounts Rule ("Final Rule")

Article

Morrison & Foerster LLP | USA | 16 Jun 2017

Social Links: Instagram’s new tool to denote paid posts; the world’s 1st autonomous-vehicle public transportation system for the masses; the “COVFEFE Act” would seek to ensure Trump’s tweets are preserved

Instagram is now allowing a limited number of users to identify branded content with a “paid partnership” subhead instead of using hashtags like ad

Article

Morrison & Foerster LLP | USA | 14 Jun 2017

Court Declines to Certify Class in False Advertising Case Without Survey Evidence of a Common Consumer Definition

On June 7, 2017, a Central District Court of California declined to certify a class of consumers who alleged that 5-Hour Energy’s marketing of an

Article

Morrison & Foerster LLP | USA | 19 May 2017

Ninth Circuit Affirms No Private Right of Action to Enforce Lack of Substantiation Claims in SeroVital False Advertising Class Action Case

The Ninth Circuit recently affirmed a district court’s dismissal of plaintiff’s unfair competition law and consumer legal remedies claims, finding

Article

Morrison & Foerster LLP | USA | 14 Apr 2017

Social Links: Burger King ad triggers Google Assistant devices; suits allege infringement of copyrights in content posted to social media; Twitter’s hidden “dislike” button

Without Google’s permission, Burger King ended one of its television commercials with a statement designed to automatically cause Google Assistant

Article

Morrison & Foerster LLP | USA | 23 Nov 2016

Court Issues $29 Million Judgment Against Pure Green Coffee Weight-Loss Pills in FTC Deceptive Advertising Suit

On November 2, 2016, a Florida Federal District Court issued a $29 million judgment against the marketer of Pure Green Coffee extract weight-loss

Article

Morrison & Foerster LLP | USA | 1 Sep 2016

Practice Pointers on Navigating the Securities Act's Prohibition on General Solicitation and General Advertising

The Investment Lawyer Covering Legal and Regulatory Issues of Asset Management VOL. 23, NO. 9 SEPTEMBER 2016 Practice Pointers on Navigating the

Article

Morrison & Foerster LLP | USA | 1 Sep 2016

The SEC Adopts Amendments to Form ADV and Recordkeeping Rule: Advisers Now Required to Disclose Information About Separately Managed Accounts

The Securities and Exchange Commission (SEC) recently amended Form ADV to require investment advisers to disclose more information about their

Article

Morrison & Foerster LLP | USA | 26 Aug 2016

Double-Check the Math: Advisers Should Not Provide Clients With Performance Data Created by Other Investment Managers Without Verifying the Information

In a series of enforcement actions this week, the SEC made it clear that investment advisers need to substantiate the performance records of

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