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Rep. Kim Schrier is running against Republican Matt Larkin in Washington's 8th Congressional District. The 8th District is located near Seattle, the largest city in the state. Democratic Rep. Kim Schrier faces off against Republican Matt Larkin in Washington's 8th Congressional District. 2022 General EmbedsWashington's 8th Congressional District candidatesSchrier is a member of the House Committee on Education and Labor. Voting history for Washington's 8th Congressional DistrictWashington's 8th Congressional District straddles both sides of the Cascade Mountains and includes eastern King, Pierce, and Snohomish counties.

Nov 3 (Reuters) - A state court in Washington has temporarily blocked Albertsons Companies Inc (ACI.N) from paying a $4 billion dividend to shareholders before the grocery chain closes its proposed deal with rival Kroger Co (KR.N), documents filed said on Thursday. Kroger Co (KR.N) snapped up Albertsons in a $25 billion deal in last month's mega merger between the No. "By eliminating its cash-on-hand and nearly doubling its debt, Albertsons will be in a weakened competitive position relative to Kroger, thereby harming grocery consumers and workers throughout Washington," State Court Commissioner Henry Judson wrote in issuing the temporary restraining order. Washington State Attorney General Bob Ferguson called the temporary order a "huge victory". In its statement, Albertsons said on Thursday the court order was based on the "incorrect assertion" that the dividend payout would weaken its competitiveness while antitrust agencies review the proposed merger.

Nov 3 (Reuters) - Washington's King County court has granted a nationwide temporary restraining order, blocking grocery chain Albertsons Companies Inc's (ACI.N) $4 billion dividend payment, State Attorney General Bob Ferguson tweeted on Thursday. loading"We'll be back in court Nov. 10 seeking an injunction to keep the dividend on hold while our lawsuit continues," Ferguson said in a tweet. Supermarket operator Kroger Co (KR.N) snapped up Albertsons in a $25 billion deal last month, to better compete against U.S. grocery industry leader Walmart Inc on prices. Ferguson filed a lawsuit on Tuesday to block Albertsons from paying dividends to shareholders before closure of its proposed merger with Kroger. The attorneys general of Washington D.C., California and Illinois also filed a lawsuit on Wednesday in a federal court seeking to block the dividend payment alleging that the proposed dividend was in violation of federal and state antitrust laws by rendering Albertsons less able to compete effectively with other supermarkets.

☆ Washington state sues to block Albertsons' $4 bln payout to shareholders
▼ + stars: | 2022-11-02 | by ( ) www.reuters.com time to read: +1 min

Nov 1 (Reuters) - Washington State Attorney General Bob Ferguson filed a lawsuit on Tuesday to block grocery chain Albertsons Cos Inc (ACI.N) from paying dividends to shareholders before closure of its proposed merger with supermarket operator Kroger Co (KR.N). The $4 billion payout to shareholders "risks severely undercutting the grocery giant's ability to compete during the lengthy time period government regulators — including Washington — will be scrutinizing the merger," according to a statement posted to the Washington Attorney General's website. "Paying out $4 billion before regulators can do their job and review the proposed merger will weaken Albertsons' ability to continue business operations and compete," Ferguson said. Kroger and Albertsons did not immediately respond to a request for comment on the AG's lawsuit. Late in October, District of Columbia Attorney General Karl Racine said that half-a-dozen state attorneys general are digging into Kroger planned acquisition of Albertsons.

☆ Judge orders Meta to pay $10.5M in legal fees to Washington
▼ + stars: | 2022-10-29 | by ( Associated Press | ) www.nbcnews.com time to read: +2 min

Facebook parent company Meta has been ordered to pay $10.5 million in legal fees to Washington state atop a nearly $25 million fine for repeated and intentional violations of campaign finance disclosure laws. The money is to go to the state Public Disclosure Commission, which enforces campaign finance laws. In 2018, following Ferguson’s first lawsuit, Facebook agreed to pay $238,000 and committed to transparency in campaign finance and political advertising. It subsequently said it would stop selling political ads in the state rather than comply with the requirements. Nevertheless, the company continued selling political ads, and Ferguson sued again in 2020.

☆ Meta fined $24.7M for campaign finance disclosure violations
▼ + stars: | 2022-10-27 | by ( Associated Press | ) www.nbcnews.com time to read: +3 min

SEATTLE — A Washington state judge on Wednesday fined Facebook parent company Meta nearly $25 million for repeatedly and intentionally violating campaign finance disclosure law, in what is believed to be the largest campaign finance penalty in U.S. history. Where’s the corporate responsibility?”In 2018, following Ferguson’s first lawsuit, Facebook agreed to pay $238,000 and committed to transparency in campaign finance and political advertising. It subsequently said it would stop selling political ads in the state rather than comply with the requirements. “Meta was aware that its announced ‘ban’ would not, and did not, stop all such advertising from continuing to be displayed on its platform,” North wrote last month in finding that Meta violation’s were intentional. North fined Meta $30,000 for each of its 822 violations — about $24.7 million.

☆ Rep. Kim Schrier faces off against Republican Matt Larkin in Washington's 8th Congressional District election
▼ + stars: | 2022-10-21 | by ( Hanna Kang | ) www.businessinsider.com time to read: +3 min

Rep. Kim Schrier is running against Republican Matt Larkin in Washington's 8th Congressional District. The 8th District is located near Seattle, the largest city in the state. Washington's 8th Congressional District candidatesSchrier is a member of the House Committee on Education and Labor. Voting history for Washington's 8th Congressional DistrictWashington's 8th Congressional District straddles both sides of the Cascade Mountains and includes eastern King, Pierce, and Snohomish counties. Her opponent, Larkin, has raised $1.9 million, spent $1.5 million, and has $446,451 of cash still left to spend, as of September 30.

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