Consumer protection case involving theft of charitable funds. Former Alberta Main Street president Devon T. Horace pleaded no contest to theft and falsifying business records, paid $85,080.95 in restitution, and was sentenced to probation and community service.
Horace was sentenced to 12 months of formal probation, paid $85,080.95 in restitution to the Northeast Coalition of Neighborhoods, and completed 240 hours of community service.
In-house legal teams should review any agreements with nonprofit organizations, particularly grant agreements, partnership agreements, and donor agreements. Key clauses to examine include those governing the use of funds (ensuring restrictions align with donor intent), financial reporting and audit rights, fiduciary duty representations, and conflict of interest policies. Given the misuse of charitable assets through falsified records, teams should also scrutinize indemnification provisions and bonding requirements for key personnel. Potential changes may include adding specific permissible expense lists, mandating regular independent audits, requiring officer bonding, and including clawback provisions for misused funds with clear remedies.
Entity
Devon T. Horace
Also known as: Alberta Main Street
Industry
Other"Devon T. Horace"
"withdrew at least $100,000 from AMS through multiple fraud schemes"
Oregon Attorney General Dan Rayfield secured a temporary restraining order blocking Paramount Skydance Corporation's proposed $110 billion acquisition of Warner Bros. Discovery. The lawsuit, joined by 11 other state attorneys general, alleges the merger would harm Oregonians through higher prices, lower content quality, and reduced competition in film and television distribution.
$29.6M
Oregon Attorney General Dan Rayfield and a bipartisan coalition of states reached a $29.6 million settlement with Glenmark, a generic drug manufacturer accused of conspiring with other pharmaceutical companies to inflate prices and limit competition for numerous generic prescription drugs. The settlement requires Glenmark to cooperate in ongoing multistate litigations and implement internal reforms to ensure fair competition and antitrust compliance.
Oregon Attorney General Rayfield and a coalition of 11 other attorneys general filed a motion for a temporary restraining order and preliminary injunction to block the $110 billion acquisition of Warner Bros. Discovery, Inc. by Paramount Skydance Corporation. The lawsuit alleges the merger violates Section 7 of the Clayton Act by substantially lessening competition in theatrical film distribution and basic cable television licensing, which would lead to higher prices and reduced content quality for consumers.
$18.0M
A coalition of 42 state attorneys general settled bankruptcy claims against 23andMe following a 2023 data breach that compromised genetic data of 6.9 million customers. The settlement includes $150 million in allowed claims, with $18 million paid from bankruptcy funds, and requires enhanced data security measures for the successor entity, 23andMe Research Institute.
Oregon Attorney General Dan Rayfield and a coalition of 12 state attorneys general filed a lawsuit challenging the $110 billion acquisition of Warner Bros. Discovery by Paramount Skydance Corporation. The lawsuit alleges the merger violates Section 7 of the Clayton Act by substantially lessening competition in theatrical film distribution and basic cable television licensing, which could lead to higher prices and reduced choice for consumers.
The provided press release is a media release from the Oregon Department of Justice announcing a multistate press conference of attorneys general from Oregon, California, Washington, Nevada, and New York advocating for increased state resources to address antitrust enforcement gaps following reduced federal oversight. No privacy-related enforcement actions, violations, penalties, or remedies are described in the document.