Penalty Amount
$500,000
New York Attorney General Letitia James secured a settlement with Bloomberg L.P. after finding that Bloomberg News failed to clearly disclose subscription price increases and automatic renewals, provide required acknowledgments and renewal notices, and make cancellation sufficiently easy. Bloomberg must pay $500,000 in penalties, provide refunds to eligible subscribers, and improve its subscription disclosures and practices.
Bloomberg must pay $500,000 in penalties, provide refunds to eligible subscribers in New York and nationwide, improve subscription disclosures, obtain informed affirmative consent, provide compliant post-purchase acknowledgments, give sufficient notice before renewal, and improve cancellation practices.
Review customer-facing subscription terms and order flows for clear disclosure of the initial price, post-promotional price, renewal frequency, minimum term, and cancellation policy, and ensure affirmative consent is captured before automatic renewal. Check customer and platform/vendor agreements for responsibility to deliver compliant post-purchase acknowledgments and advance renewal notices, maintain accessible cancellation channels, and process refunds where promised or required. For vendors supporting subscription websites or chatbots, confirm that cancellation workflows do not impose unnecessary steps and that disclosures and cancellation options remain accurate and visible across channels.
Entity
Bloomberg L.P.
Industry
Media & EntertainmentOfficial Press Release
https://ag.ny.gov/press-release/2026/attorney-general-james-secures-500000-bloomberg-news-deceiving-consumers-about
bloomberg l.p assurance of discontinuance 2026
https://ag.ny.gov/sites/default/files/settlements-agreements/bloomberg-l.p-assurance-of-discontinuance-2026.pdf
New York Attorney General Enforcement Page
https://ag.ny.gov/press-releases
"Bloomberg L.P. (Bloomberg News)"
"Bloomberg News must pay $500,000 in penalties"
"New York law requires subscription terms to be clearly disclosed to customers"
"made it difficult for users to cancel their subscriptions to its news website, Bloomberg.com"
"November 2, 2026"
"provide refunds to eligible subscribers in New York and nationwide"
$220.0M
New York Attorney General Letitia James and a bipartisan coalition secured a $220 million settlement from General Motors LLC for selling drivers’ personal driving and location data to data brokers without adequate disclosure or consent. GM must limit the driving data it collects and implement privacy assessments and dealership oversight and training.
New York Attorney General Letitia James and a coalition of 24 other states and the District of Columbia challenged a federal rule imposing additional proof requirements on some medically frail Medicaid recipients. The U.S. District Court for the District of Massachusetts granted summary judgment, declaring a central provision of the rule illegal and blocking it.
$24K
New York Attorney General Letitia James secured a settlement with Frank W. Cawood & Associates, Inc. over mailers that advertised books as free or no-risk while obscuring payment and return terms. The company must end the program in New York, pay $23,500, and provide refunds to eligible consumers.
New York Attorney General Letitia James issued a consumer alert about fire risks from e-bike and other lithium-ion batteries and shared safety and disposal recommendations. The release describes no privacy enforcement action, monetary penalty, or remedy.
New York Attorney General Letitia James and 20 other attorneys general sued to block a Treasury Department rule that exempts domestic companies and U.S. owners of foreign companies from Corporate Transparency Act ownership disclosures. The coalition alleges the rule is unlawful and unconstitutional, including because Treasury plans to delete information collected from companies now exempted, and seeks a court order blocking its implementation.
$240K
The New York Attorney General investigated a group of debt buyers for filing foreclosure actions seeking payment of long-expired mortgage debts. The companies agreed to pay $240,000 in penalties and more than $242,000 in consumer restitution, stop seeking payment of time-barred debts, and amend claims in pending foreclosure cases.