Announcements, information and updates from CWAG Members and Associates
January 3, 2019
Articles on topics relevant to the work of Attorneys General around the nation.
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Attorney General Becerra Announces $68 Million Multistate Settlement with UBS for Manipulating Key Interest Rate
California’s state and local government entities and nonprofits are expected to receive approximately $9 million 
December 21, 2018

California Attorney General Xavier Becerra announced a $68 million multistate settlement with UBS for fraudulent conduct involving manipulation of the London Interbank Offered Rate (LIBOR). LIBOR is the rate at which banks lend money to one another and is a key financial tool that determines interest rates for many financial products, including government and corporate bonds. During the financial crisis, large international banks manipulated LIBOR to enhance their financial health, avoid negative publicity, and minimize harm to their reputations. They did so at the expense of investors.
Attorney General Cynthia H. Coffman Announces $575M Multi-State Settlement with Wells Fargo
Colorado to receive over $21M to resolve consumer protection claims of alleged unfair and deceptive trade practices
December 28, 2018

Attorney General Cynthia H. Coffman announced that Colorado has joined with 49 other states and the District of Colombia in a $575M settlement with Wells Fargo Bank N.A. to resolve state consumer protection claims for alleged unfair and deceptive trade practices.

Through this settlement with 50 states and the District of Columbia, Wells Fargo will also create a consumer redress review program through which consumers who have not been made whole through other restitution programs already in place can seek review of their inquiry or complaint by a bank escalation team for possible relief. To date, this settlement represents the most significant engagement involving a national bank by state attorneys general acting without a federal law enforcement partner.

As part of its settlement with the states, Wells Fargo has agreed to implement within 60 days a program through which consumers who believe they were affected by the bank's conduct, but fell outside the prior restitution programs, can contact Wells Fargo to be reviewed for potential redress. Wells Fargo will create and maintain a website for consumers to use to access the program and will provide periodic reports to the states about ongoing restitution efforts.
Wasden Announces Settlement with For-Profit Education Company
The settlement will affect nearly 400 Idahoans, resulting in more than $850,000 in debt relief.
January 3, 2019

Idaho Attorney General Lawrence Wasden has announced a settlement with an Illinois-based education company that will result in the waiving of $493.7 million in debts owed by more than 179,000 students nationally. The settlement with Career Education Corp. (CEC) involves Idaho and 48 other states and ends an investigation that began in 2014.
In Idaho, approximately 388 students will get relief totaling approximately $862,562. Nationally, the average individual debt relief will be about $2,750.

In addition to Idaho, participants in the settlement include: Alabama, Alaska, Arizona, Arkansas, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming and the District of Columbia.
AG Coffman, Public Health Officials Release Multi-Layered Study to Address Alarming Youth Suicide Trends Across Colorado
Study focused on counties with highest youth suicide rate
January 3, 2018
Colorado Attorney General Cynthia H. Coffman announced the release of a qualitative study Community Conversations to Inform Youth Suicide Prevention, which analyzes and characterizes the trends and patterns in the fatal and non-fatal suicidal behaviors among young people in the four Colorado counties with the highest rates of youth suicide: El Paso, La Plata, Mesa, and Pueblo. The purpose of the study is to determine the best strategies for addressing and preventing youth suicide in Colorado and to see where the state’s efforts and dollars can be used most effectively.
Nicholas Trutanich Confirmed as US Attorney in Nevada
January 2, 2018

The Senate confirmed Nicholas Trutanich to be the U.S. attorney in Nevada on Wednesday, one of the last actions in the 115th Congress.

Trutanich was one of a package of nominees who were unanimously approved, en masse, before the Senate adjourned.

Trutanich was nominated by President Donald Trump in July and enjoyed the support of Nevada Sens. Dean Heller, a Republican, and Catherine Cortez Masto, a Democrat and former Nevada attorney general.
Updated American Indian Law Deskbook Is Now Available

The American Indian Law Deskbook  is a concise, direct, and easy-to-understand handbook on Indian law. The chapter authors of this book are experienced state lawyers who have been involved in Indian law for many years.

American Indian Law Deskbook  addresses the areas of Indian law most relevant to the practitioner.
Topics include:
  • Definitions of Indians and Indian tribes
  • Indian lands
  • Criminal, civil regulatory, and civil adjudicatory jurisdiction
  • Civil rights
  • Indian water rights
  • Fish and wildlife
  • Environmental regulation
  • Taxation
  • Gaming
  • Indian Child Welfare Act and tribal-state cooperative agreements