Consumer Protection

While the direct-selling world was awaiting U.S. District Judge Barbara Lynn's decision in Federal Trade Commission v. Neora LLC, in which the FTC alleged that Neora operated an illegal pyramid scheme, the FTC v. Noland case largely flew under the radar.

In this podcast, Edgeworth partner Michael Kheyfets discusses the economics of valuing personal information and approaches to quantifying harm in data privacy litigation.

What does it mean for “data” to have “value”? And what does it mean for the “value” of “data” to “be lost” as a result of unauthorized disclosure in a cyberattack?  This article provides an introduction for practitioners to the economic concepts behind these questions.

Over the past decade, there has been a notable increase in the number of class actions brought against manufacturers of food and consumer packaged goods, specifically with respect to allegations of false claims in advertising and product labeling. In such cases, plaintiffs typically allege that consumers were harmed because they paid higher prices than they would have paid had they possessed complete information.

Cybersecurity incidents are evolving and raising increasingly complex issues relating to class certification and economic impact.  In this article, Edgeworth Economics Partner Michael Kheyfets explores the nature of continuously evolving cyberattacks and the legal frameworks necessary to study impact and damages.

In this Law360 article, Edgeworth Partners Dr. George Korenko and Matthew Milner provide a primer on the economics of class certification and discuss the application of economics to price gouging class actions.

Edgeworth Partner Michael Kheyfets' article provides a study of how economic tools are applied to the analysis of class certification and damages issues in the emerging area of data breach class actions. 

Edgeworth Partner Michael Kheyfets co-authored an article in Bloomberg Law's Privacy & Security Law Report.

In this article written for the ABA Consumer Financial Services Committee Newsletter Dr. Stephen Bronars explores the implications of behavioral economics on consumer financial services law.

In this article published in the ABA Information Law Journal, Michael Kheyfets and Matthew Milner discuss economic analysis as it applies to litigation matters filed by financial institution classes. 

Dr. Stephen Bronars and Chuck Fields, along with Christopher Craig of O’Melveny & Myers, co-authored the article in Law360.

Michael Kheyfets, a partner at Edgeworth, discusses emerging trends in data breach and privacy litigation in Law360.

In this article, Edgeworth experts highlight the multifaceted approach companies utilize as part of data breach management.

Matthew Milner discusses the counter factual paradigm economists use to analyze fact of injury and damages in data breach class actions.

Dr. Jesse David gives an economic perspective of food labeling cases by discussing the “predominance” requirement for class certification.

Biotechnology companies Natera and CareDx have been engaged in a prolonged legal battle regarding the validity of patents covering methods of cell-free DNA analysis for noninvasive monitoring of organ transplant rejection. The case has been lauded by the legal community as the “last chance for diagnostic patents” to be reviewed by the Supreme Court.[1]

In July 2021, the White House ordered the Consumer Financial Protection Bureau (CFPB) to promote competition in consumer financial markets through enforcement actions or rule-making. As a result, the CFPB is now poised to begin regulating and enhancing competition in consumer finance.

Edgeworth's Dr. Branko Jovanovic will speak on a panel about the economics of privacy at the 51st Research Conference on Communications, Information and Internet Policy. 

Edgeworth partner Dr. Branko Jovanovic will speak on the panel "Economic Analysis of Lawful Compensation Models" at the DSA's annual Legal & Regulatory Seminar. 

Matthew Milner and Michael Kheyfets of Edgeworth Economics and Jeff Landis of ZwillGen PLLC will present a mock case to examine the elements and potential theories of harm in data breach litigation.

In an environment of heightened regulatory focus on consumer protection issues at both the federal and state levels, Edgeworth Economics announces the formal launch of its Consumer Protection practice.

Edgeworth Economics is pleased to welcome Dr. Branko Jovanovic as a Partner in the firm’s Washington, DC office. Dr. Jovanovic brings over two decades of experience in consumer class action litigation and a wide array of regulatory matters.

Dr. Jesse David spoke at the “Challenges Facing the Food and Beverage Industries in Complex Consumer Litigations” Conference.

Dr. Jesse David discusses the “predominance” requirement for class certification in Law360.