Posts Tagged ‘Jim Hood’

Hood asks U.S. for probe of ‘steering’ of customers by insurers

By JACK WEATHERLY  Mississippi Attorney General Jim Hood has asked U.S. Attorney General Eric Holder to investigate allegations that some insurance companies’ are “steering” auto policyholders to certain repair shops and coercing those shops to use inferior replacement parts. The intent of those practices is to pad the insurers’ bottom line, Hood said in the […] [...]

TED CARTER — Hammer comes down on those predatory robocallers (kind of)

Here’s something for the “Don’t-Spend-it-All –in-One-Place” file. The Mississippi PSC’s Brandon Presley says the robo offenders have promised to quit annoying Mississippians. The unscrupulous folks behind those annoying robocalls you’ve been getting have agreed to settle with the State of Mississippi for about the price of a compact automobile. The offenders, including serial annoyer Caribbean […] [...]

With S&P suit settled, Mississippi set to take on Moody’s over flawed investment ratings

by Published: March 6,2015

Tags: banking, Business, finance, Jim Hood, Mississippi, Moody's, NEWS, S&P

By TED CARTER A recent big-dollar settlement with Standard & Poor’s over misleading ratings put on sub-prime mortgage-backed securities before the 2008 financial collapse has cleared the way for Mississippi and Connecticut to resume a similar case against Moody’s Ratings Service. The two states put their action against Moody’s on hold during settlement negotiations with S&P […] [...]

(UPDATE) Judge rules on Google request on attorney general inquiry

by Published: March 2,2015

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

JACKSON — Mississippi Attorney General Jim Hood’s attempt to investigate Google is on hold for at least four more months. U.S. District Judge Henry T. Wingate on Monday granted Google’s request for a preliminary injunction. The order prevents Hood from going through with a subpoena meant to examine whether Google is facilitating others’ illegal activities […] [...]

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 […] [...]

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