US Law Archives - Page 22 of 71

SEC Sues State of New Jersey for Securities Law Fraud

Wall St. Journal: “The Securities and Exchange Commission, in its first securities-fraud case against a state, accused New Jersey of misleading investors about the health of its two largest state pensions while selling billions of dollars in bonds.”

Why Wasn’t United States v. Arizona Filed in the Supreme Court from the Outset?

The Volokh Conspiracy: “Several readers asked me why United States v. Arizona — the case in which the U.S. is challenging the constitutionality of Arizona’s law dealing with illegal immigrants — hasn’t been filed from the outset before the United States Supreme Court.”

See “Update and Correction on “Why Wasn’t United States v. Arizona Filed in the Supreme Court from the Outset?”

Obama Bans Importing Over 100,000 Vintage Rifles

David Kopel writes on The Volokh Conspiracy that President Obama banned the importation without legal basis the importation of over 100,000 rifles from South Korea. He says:

“Legally, it is indisputable that the guns are importable. Being over 50 years old, the rifles are automatically “Curios and Relics” according to federal law. 27 CFR section 478.11. Accordingly, they are by statutory definition importable. 18 USC section 925 (e)(1).”

FTC Targets Phoenix Internet Marketer Selling Weight Loss Pills & Colon Cleansers

Arizona Republic: “A district court ordered a Phoenix internet marketer [Central Coast Nutraceuticals, Inc.] of weight loss pills and colon cleansers to temporarily halt business, after hearing Federal Trade Commission allegations of deceptive advertising and unfair billing practices that scammed consumers out of $30 million or more in 2009. . . . [The products sold online are] AcaiPure, an acai berry supplement, as a weight-loss product, and Colopure, a colon cleansing supplement,”

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Let the Worst States Secede–Goodbye South Carolina, Arizona, and Texas

U.S. News & World Report: “Some states are pretty great; some are just plain trouble. Take the following three

[Arizona, South Carolina and Texas] . . . . so let me make a modest proposal . . . . This time, let’s let them go without a fight.”