FTC\u2019s purported legal justification for the CID is two financial services regulations, both of which are facially inapplicable to MGM. On this basis, and a catchall invocation of Section 5 of the FTC Act, the FTC seeks to compel MGM to produce more than 100 categories of information,\u201d according to the MGM filing.\u201d<\/p><\/blockquote>\n
MGM added that Khan\u2019s refusal to recuse herself from the case, and the commission\u2019s refusal to force her to do so despite her being a guest of MGM Grand during the data breach, violates its Fifth Amendment rights. The gaming company also claimed that Khan participated in the hearing pertaining to her participation in the case against MGM.<\/p>\n
MGM Willing to Cooperate \u2026 Sort Of<\/h2>\n MGM is showing some willingness to cooperate with the FTC probe, despite the commission\u2019s request for a slew of data and documents that could take weeks to compile. The company asked the US District Court for the District of Colombia to give it more time to comply or force the FTC to abandon the CID request.<\/p>\n
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The Cosmopolitan operator called the 11-day deadline to comply with the CID request imposed by the FTC \u201cpatently impracticable\u201d while calling it a \u201cchilling exercise\u201d of the procedures the FTC has its hands with which to challenge CIDs.<\/p>\n<\/div>\n
\u201cThe FTC\u2019s investigative authority is not limitless. It may only conduct investigations pursuant to specific statutory grants of authority,\u201d said MGM in the legal document. \u201cThe CID to MGM was premised in large part on facially inapplicable rules without any attempt to delineate which portions of the CID relate to which purported sources of authority.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
MGM Resorts International (NYSE: MGM) sued the Federal Trade Commission (FTC) on Monday regarding the agency\u2019s probe into a 2023 cybersecurity breach that plagued the casino giant. The gaming company is also demanding that FTC Chairwoman Lina Khan recuse herself from the case due to potential conflicts of interest. Last September, MGM suffered a roughly […]<\/p>\n","protected":false},"author":46,"featured_media":317039,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,21,81886,60,13592,16693],"tags":[81897,86118,23,81895,82041],"acf":[],"yoast_head":"\n
MGM Sues FTC, Wants Khan Off Probe Into Scattered Spider Hack<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n \n \n\t \n\t \n\t \n