June 13, 2016 DraftKings Inc., among Boston’s most vaunted and valuable tech startups, is reportedly in talks with rival FanDuel Inc. about a merger that would create a single dominant player in the multibillion-dollar daily fantasy sports business. The pressure to combine comes primarily from the investors behind DraftKings and FanDuel, who argue the two […]
June 14, 2016 Last week, the governors of Colorado and Missouri, signed into law bills which officially legalize fantasy sports in their respective states, continuing a recent nationwide trend towards regulation of the industry. What are some of the key provisions in the bills that have legalized fantasy sports in Colorado and Missouri?
Legalized Fantasy Sports Come to Colorado and Missouri Read More »
June 9, 2016 The cat is out of the bag. The Association of National Advertisers report about non-disclosed agency practices released this week found that non-transparent business practices were “pervasive” in the U.S. In the lead-up to the report, there was dark talk of “jail.” But while it caused a stir and will undoubtedly lead to hard questions put to agencies,
KMT’s David Klein Weighs In with Digiday on ANA Allegations of Ad Agency Kickbacks Read More »
June 13, 2016 Last month, a popular Instagram influencer gave everyone a candid glimpse of his paid product endorsement activities by accidentally posting the seller’s instructions in his photo caption. What can social media influencers learn from his mistake?
An Instagram Influencer’s Unfortunate Product Endorsement Mishap Read More »
June 10, 2016 Last Thursday, the Federal Trade Commission (the “FTC” or “Commission”) filed a lawsuit against a number of Florida-based individuals and companies for allegedly unlawful Internet weight-loss product marketing practices. How did these marketers end up on the FTC’s bad side?
Marketers Sued by FTC for Weight-Loss Product Advertising Practices Read More »
June 8, 2016 Rite Aid HDQTRS. Corp. (“Rite Aid”) has recently sought summary dismissal of a putative class action lawsuit pending in the Southern District Court of New York alleging violations of the Telephone Consumer Protection Act (“TCPA”). Rite Aid’s exposure to TCPA liability stems from its use of prerecorded phone calls to certain pharmacy
Is Rite Aid Immune from TCPA Liability? Read More »
June 7, 2016 On May 25, 2016, a federal jury in Utah reached a monumental verdict against an individual and three of his companies, finding that the Defendants committed over 117 million violations of the Telemarketing Sales Rule. How much could the federal government impose in civil penalties?
Jury: Utah Man Committed 117 Million Telemarketing Sales Rule Violations Read More »
June 3, 2016 On June 2, 2016, the Consumer Financial Protection Bureau (“CFPB”) released a statement regarding proposed new rules aimed at the payday lending industry. The proposed rules seek to protect consumers from what the CFPB refers to as “payday debt traps” and may impose stricter requirements on such payday lenders. The CFPB is
CFPB Proposes New Payday Lending Rules Read More »