Category: AG News
July 3, 2015 | AG News
Yesterday, I spoke to the Mississippi Coroner-Medical Examiners Association at the IP Casino in Biloxi. The MSC-MEA is a non-profit association that supports coroners of the Magnolia state through up-to-date education and training seminars. I listened to the concerns they were having and we discussed how to move forward in the future.
Mississippi to receive $2.2 Billion from Landmark Agreement in BP Deepwater Horizon Oil Spill Settlement
July 2, 2015 | AG News
The settlement will bring approximately $1.5 billion in additional relief to Mississippi over the next 17 years. Combined with $659 million in early funding, Mississippi is receiving a total of nearly $2.2 billion in compensation. We remain committed to ensuring that our coast counties and cities are included in any settlement and treated fairly. I am pleased to say we are upholding our promise. The size and scope of this settlement is the result of a successful partnership of all the gulf states and our state agencies. Together, we held BP accountable for the damage it caused. The Deepwater Horizon ...Continue Reading...
July 1, 2015 | AG News
I am extremely grateful that an overwhelming majority of our nation's attorneys general, both Republican and Democrat, recognize that a state attorney general has the fundamental power to investigate potential violations of state law and that wrongdoers cannot run to federal court to escape legal oversight in the states where they do business. Mississippi is appealing to the Fifth Circuit Court of Appeals a March 27, 2015, order enjoining the attorney general from enforcing a subpoena issued to Google asking questions about some of Google's online practices including the alleged sale of prescription drugs without a prescription, the ability to ...Continue Reading...
Watch this video of Jim Hood's 2015 speech at Boys State.
Attorney General Hood Recovers About $76 Million to Date for Mississippi from Financial and Mortgage Crisis
Attorney General Jim Hood has returned approximately $76 million to Mississippi from losses suffered during the Financial and Mortgage Crisis of recent history. The most recent case was settled Tuesday when Attorney General Hood announced that Mississippi, the U.S. Department of Justice and a coalition of 19 states and the District of Columbia reached a $1.375 billion settlement with Standard & Poor’s Financial Services LLC over allegations that S&P misled investors when it rated structured finance securities in the lead-up to the 2008 financial crisis. Mississippi will receive $26,754,000 million in that settlement. The Attorney General has also returned another ...Continue Reading...