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The Colorado Attorney General has filed a counterclaim lawsuit against a series of Illinois and New York companies, accusing them of engaging in deceptive trade practices and unlicensed lending. John Suthers said the companies, which offer “settlement advances” for lawsuits, are a “growing issue in Colorado. Despite their labeling and assurances to the contrary, these… Continue Reading AG files counterclaim against two settlement-advance companies

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Colorado receives $210,000 from drug settlement

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Colorado will receive more than $210,000 as part of a settlement with Elan Corp. to resolve allegations the company improperly marketed its anti-epileptic drug Zonegran for off-label uses, said Attorney General John Suthers. Colorado’s share is part of a $101 million settlement that resolves allegations that Ireland-based Elan promoted the sale and use of the… Continue Reading Colorado receives $210,000 from drug settlement

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Colorado will receive more than $210,000 as part of a settlement with Ireland-based Elan Corp. This settlement is to resolve allegations that Elan – through subsidiary Elan Pharmaceuticals –  improperly marketed its anti-epileptic, anti-seizure drug Zonegran for off-label uses. The state’s portion is part of a $101 million settlement against  Elan and its subsidiary for… Continue Reading Colorado receives settlement from Elan Pharmaceutical

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The number subprime loans that were made last year fell by 7.8 percent, but the total amount of the loans grew 2 percent to $576 million. The Colorado Attorney General’s office reports that defaults fell from 10.2 percent in 2008 to 8.8 percent in 2009. The total amount of uncollectible payday loans also declined from… Continue Reading Fewer subprime loans last year, but dollar amount grew

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Colorado AG responds to Kansas river suit

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Colorado Attorney General John Suthers announced today that his office has filed a brief responding to Kansas’ allegations that Nebraska violated a 2002 settlement concerning Republican River water use. Colorado is a named defendant in the lawsuit, but Kansas did not make any direct claims against Colorado. “I remain concerned that Kansas sees litigation as… Continue Reading Colorado AG responds to Kansas river suit

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AG urges Kansas to avoid lawsuit

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Kansas and Nebraska have an ongoing dispute regarding the Republican River, which originates on the eastern plains of Colorado. Although Kansas was not able to make its case in non-binding arbitration, the state is now suing Nebraska in the U. S. Supreme Court over the disagreement. Colorado was named as a party because all three… Continue Reading AG urges Kansas to avoid lawsuit

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The Colorado Attorney General’s office reports a “sharp increase” in the number of complaints it has received about fraudulent magazine sales since the end of March. So far the greatest number of complaints has come from Denver and Boulder where door-to-door salespeople offering magazine subscriptions have contacted consumers. Their pitch is that they represent both… Continue Reading Door-to-door sellers on Attorney General’s list

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Five indicted in Colorado Ponzi scheme

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Five people have been indicted in a statewide Ponzi scheme to defraud commercial lenders in Colorado and Arizona. Attorney General John Suthers said the grand jury issued a 40-count indictment against John Reinholdt II, Heather Cratty, Raina Martin, Mary Ann Hocker and Jon Michael. The five are accused of using at least 19 businesses to… Continue Reading Five indicted in Colorado Ponzi scheme

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AG files suit against credit repair company

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The Colorado Attorney General’s office filed a lawsuit against Veracity Credit Consultants, a Denver-based credit-repair company. According to the complaint filed in Denver County District Court, the company is suspected of charging upfront fees for its services, which is illegal under sate and federal law. John Suther’s office claims that the company required consumers to… Continue Reading AG files suit against credit repair company

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Colorado receives $1.2 million dental settlement

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 Colorado will receive more than $1.2 million as part of a $24 million multistage settlement with Forba Holdings LLC, a dental management company. The company provided management services to Small Smiles dental clinics nationwide. The settlement resolves allegations that started during 2006, which said bills were submitted to the state for medically unnecessary dental services… Continue Reading Colorado receives $1.2 million dental settlement

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