AG Platkin, Division of Consumer Affairs Announce 2023 Consumer Protection Enforcement Highlights

Attorney General Matthew J. Platkin and the Division of Consumer Affairs today provided a look back at the 2023 enforcement initiatives undertaken by the Division to protect consumers from unfair and deceptive business practices.

AG Platkin: NJ Bureau of Securities Files Enforcement Action Against a Former VP of Real Estate Investment Firm that Defrauded $630M from Investors Nationwide

Attorney General Matthew J. Platkin announced today that the New Jersey Bureau of Securities within the Division of Consumer Affairs has filed a civil enforcement action against the former vice-president of an NJ-based real estate investment firm that defrauded investors nationwide.

Florida-Based Broker-Dealers to Refund New Jersey Investors Charged Unreasonable Commissions on Small-Dollar Transactions

The Office of the Attorney General and the Division of Consumer Affairs today announced that the Bureau of Securities has joined a multi-state settlement with two Florida- based broker-dealers that have agreed to pay at least $8.25 million in refunds to investors who were charged unreasonable commission fees on small-dollar transactions.

AG Platkin: New Jersey to Receive $1.27 Million in Multistate Settlement with Morgan Stanley Over Data Security Incidents that Compromised Personal Information of Millions of Individuals Nationwide

Security Lapses Affected Personal Information Belonging to More than 755,000 NJ Residents.

Proposed Regulation – Board of Applied Behavior Analyst Examiners

The Board of Applied Behavior Analyst Examiners has proposed new rules which will allow for the licensure and regulation of applied behavior analysts and assistant applied behavior analysts.

AG Platkin: For-Profit School and its Owner Agree to $4.6 Million Settlement to Resolve Allegations of Deceptive Business Practices, Unlawful Education Loans

Settlement Includes $3.4M in Forgiveness of Student Debt Tied to “Income Share Agreements” that Violated Federal Consumer Protection Laws Governing Private Student Loans.

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