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Courts are experiencing a recent surge of consumer class action filings alleging that manufacturers are misrepresenting the manner of procurement of materials for their products. These allegations center around claims of “ethical sourcing.” Broadly speaking, the goal of ethical sourcing is to ensure that a company only buys products and materials that are produced under reasonable working conditions and with fair pay for workers, as well as with minimal impact on the environment. Ethical sourcing is intended to reinforce social and environmental responsibility by companies.
In the last several years, some consumers have shown a preference for ethically sourced products in lieu of similar products that are not necessarily procured in this way. This practice, known as ethical consumerism, is at the heart of a recent decision in the United States District Court for the Southern District of New York,
Coca-Cola sued by environmental group for use of plastics, company spokesman no comment legalnewsline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from legalnewsline.com Daily Mail and Mail on Sunday newspapers.
Ninth Circuit remands price fixing class action for consideration of evidence that more than a de minimis portion of class members was not injured. District court in D.C. Circuit rules that CAFA jurisdiction is improper unless the complaint itself invokes the class action rule or mechanism.
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Innovative partnerships between banks and nonbanks have expanded lending services to consumers and small businesses. These partnerships, known as marketplace lending arrangements, offer non-traditional loan products to consumers and small businesses. Significantly, state laws establishing interest rate caps do not apply to marketplace lending arrangements where the bank is the true lender. But with this innovation has come debate about whether the bank is the true lender. The Office of the Comptroller of the Currency’s “True Lender” rule, which became effective on December 29, 2020, was intended to address uncertainties in these partnerships.
Under the “True Lender” rule, a bank is deemed the true lender if, at the time of origination, it is named as the lender in the loan agreement or funds the loan. Proponents of the “True Lender” rule argue that marketplace lending arrangements expand access and that the rule provides necessary guidance to enable bank
Court Rules Against Tyson in False and Misleading Advertising Case
Tyson s Motion to Dismiss Rejected, Case Filed by Organic Consumers, Food & Water Watch Will Move Forward
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WASHINGTON, April 1, 2021 /PRNewswire/ The District of Columbia Superior Court rejected the motion to dismiss a
lawsuit brought by Organic Consumers Association (OCA) and Food & Water Watch against Tyson Foods alleging the company makes deceptive sustainability and animal welfare marketing claims about Tyson chicken products.
The lawsuit was filed in July 2019, under the District of Columbia Consumer Protection Procedures Act (CPPA). The nonprofits are represented by