Posts Tagged ‘Jim Hood’

AG Jim Hood wants portion of $46M litigation bounty to go for mental health efforts

By TED CARTER Call it a sharing of the spoils of war at an opportune time. Just as he qualifies for a reelection bid, Mississippi Attorney General Jim Hood is handing over around $46 million to Gov. Phil Bryant and the Legislature from legal settlements obtained from the likes of Standard & Poor’s, Merck & […] [...]

State’s Consumer Protection Act key to forcing S&P settlement on bogus bond ratings

by Published: February 25,2015

Tags: Business, Connecticut, Jim Hood, Los Angeles Times, Mississippi, NEWS, S&P

By TED CARTER Mississippi’s Consumer Protection Act’s provision against making deceptive claims is credited as a key tool in extracting a $33 million settlement from Standard & Poor’s Ratings Service and parent McGraw-Hill Companies. The settlement announced Feb. 3 is part of agreement by which S&P’s Rating Services turns over $1.375 billion to put the litigation […] [...]

AG opinions: Biloxi can’t sell naming rights to ball field

BILOXI — A Mississippi attorney general’s office opinion has derailed an agreement between Biloxi and the Shuckers minor league baseball team to sell the naming rights for MGM Park’s playing field. The agreement had called for the city to earn an extra $50,000 a year to help repay the construction bond for the stadium. The […] [...]

Hood wants some of $46 million of suit settlements earmarked for mentally ill

by Published: February 21,2015

Tags: Business, Jim Hood, Legal Affairs, Mississippi, NEWS, Politics

Call it a sharing of the spoils of war at an opportune time.. Just as he qualifies for a reelection bid, Mississippi Attorney General Jim Hood is handing over around $46 million to Gov. Phil Bryant and the Legislature from legal settlements obtained from the likes of Standard & Poor’s, Merck & Co., HSBC Bank […] [...]

Google asks judge to block Miss. attorney general’s inquiry

by Published: February 13,2015

Tags: Business, Google, Jim Hood, Mississippi, NEWS

JACKSON — An Internet giant was scheduled to face off with Mississippi Attorney General Jim Hood on Friday. Google will ask U.S. District Judge Henry T. Wingate to block an investigation by Hood into the company. Hood has been pushing Google since 2013 to prevent use of the company’s search engine to find illegal drugs […] [...]

Attorneys general, others, support Google investigation

by Published: February 9,2015

Tags: Business, Google, Jim Hood, law, Mississippi, NEWS, technology

JACKSON — With representatives of the electronics industry saying Mississippi’s attempt to investigate Google should be blocked by federal law, some state attorneys general and other groups are taking the opposite position. They say Mississippi Attorney General Jim Hood has the power to examine Google’s behavior, and should be allowed to collect evidence from the […] [...]

Lawmakers once again reject bill to repair payday lending glitch

Rep. Adrienne Wooten, a Hinds County Democrat, tried unsuccessfully again this year to fix a glitch in Mississippi’s payday lending law that was suppose to give borrowers 30 days to repay loans of more than $250. Instead of the 30 days, borrowers have been getting only two weeks to repay the loans before new fees […] [...]

Mississippi to receive $33M from S&P settlement

by Published: February 3,2015

Tags: Business, Connecticut, Jim Hood, Mississippi, NEWS, S&P, Standard & Poor's

JACKSON — The state of Mississippi will receive $33 million from a national settlement with Standard & Poor’s over allegations that it knowingly inflated its ratings of risky mortgage investments that helped trigger the financial crisis in 2008. Attorney General Jim Hood says in a news release that Mississippi sued S&P in 2011, joining with […] [...]

Industry groups join Google’s attack against Hood’s inquiry

by Published: February 2,2015

Tags: Business, Google, Jim Hood, Mississippi, NEWS

JACKSON — Computer industry groups are joining Google’s effort to block an investigation by Mississippi Attorney General Jim Hood. Industry groups filed two friend-of-the-court briefs Friday saying that federal law should block Hood from even trying to investigate Google. They say a subpoena that Hood sent Google in October is mainly aimed at actions by […] [...]

Attorney General Jim Hood: Decision soon on 4th-term run

JACKSON — Mississippi Attorney General Jim Hood said Thursday that he will decide soon whether to seek a fourth term this year. Hood, 52, is the only Democrat in statewide office. Responding Thursday to questions from The Associated Press, Hood said he will make a decision about his political plans in the next week or […] [...]

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