Report: Federal Law Enforcement Poking Around At Herbalife

Report: Federal Law Enforcement Poking Around At Herbalife

Despite receiving good news from a judge who dismissed a lawsuit against the company recently, it seems Herbalife is still fighting other battles. A new report cites insiders at the company who say federal law enforcement officials have been asking questions at Herbalife, and getting in touch with some members individually. [More]

(MY PINK SOAPBOX)

New York Consumer Agency Opens Investigation Into Four For-Profit Colleges

Student dropouts, loans default rates and recruiting tactics have been the cornerstone of many federal and state investigations into for-profit colleges. It appears to be much of the same for four such schools facing probes by the New York City Department of Consumer Affairs. [More]

(David Transier)

FAA Once Again Fines Southwest Airlines For Maintenance Related Violations

For the second time in the last 12 months, Southwest Airlines is facing another fine from the Federal Aviation Administration because of safety issues; this time totaling $328,550. [More]

(smcgee)

American Apparel Founder Dov Charney Under Investigation By SEC

Any hope founder of American Apparel Dov Charney had of returning to the company may have gone out the window this week, after it was revealed that the Securities and Exchange Commission opened an inquiry into the circumstances leading to his departure. [More]

NHTSA Chief Says Takata More “Forthcoming” With Investigation, Senators Send Letter Urging Cooperation

NHTSA Chief Says Takata More “Forthcoming” With Investigation, Senators Send Letter Urging Cooperation

A week after Japanese auto parts maker Takata said it would double its production of replacement airbags and three weeks after U.S. federal regulators began imposing a $14,000 per day fine against the company, the head of the National Highway Traffic Safety Administration says the company is being more forthcoming with information related to an investigation into millions of defective airbags. [More]

Senators Urge FDA To Investigate Allegations That Purina’s Beneful Dry Kibble Includes Toxins

Senators Urge FDA To Investigate Allegations That Purina’s Beneful Dry Kibble Includes Toxins

Several weeks after a lawsuit filed in California claimed that thousands of dogs became ill or died after eating Purina’s Beneful kibble, two senators are urging the Food & Drug Administration to open an investigation into the allegations. [More]

(Amy G.)

NHTSA Adds Ford Fusion, Lincoln MKZ To Ongoing Door Latch Investigation

After receiving notice of additional consumer complaints the National Highway Traffic Safety Administration added thousands of Fusion and Lincoln MKZ vehicles to an ongoing investigation into door latches that may inadvertently open while the car is in motion. [More]

Takata To Double Airbag Replacement Production To 900,000 Kits By September

Takata To Double Airbag Replacement Production To 900,000 Kits By September

After facing increased scrutiny by federal regulators in recent weeks regarding an investigation into the massive airbag recall and lack of new safety devices, Japanese auto parts maker Takata announced it will double production of replacement airbags in the next six months. [More]

Takata To Be Fined $14K Per Day Until It Cooperates With Airbag Defect Investigation

Takata To Be Fined $14K Per Day Until It Cooperates With Airbag Defect Investigation

Officials with Japanese auto parts manufacturer Takata Corp. have continuously said they would assist U.S. regulators in their investigation regarding millions of potentially defective airbags that can spew pieces of shrapnel at passengers upon deployment. But the company doesn’t appear to be keeping its word and now faces a $14,000 per day fine until it hands over documents and other data pertinent to the investigation into airbags that have been linked to at least five deaths. [More]

(Wilfredo Cebrian)

Colleges May Be Violating CARD Act By Not Providing Copies Of Credit Card Agreements

Although the number of agreements between credit card issuers and higher education institutions are on the decline, many of the schools that do have such agreements may be in violation of the Credit Card Accountability, Responsibility, and Disclosure (CARD) Act by not making those contracts publicly and readily available to consumers, according to a new investigation by a consumer group finds. [More]

(Mike Mozart)

FBI Now Investigating Possible Fraudulent Federal Tax Returns From TurboTax

Days after TurboTax resumed e-filing of all state tax returns following a third-party security expert’s finding that fraudulent activity reported by state tax officials did not result from a breach of Intuit’s own systems, federal regulators announced they would take a look for themselves. [More]

(photo: colonelchi)

Yelp Says That The FTC Investigation Of Yelp Is Complete

The Federal Trade Commission has received a lot of complaints about Yelp––more than 2,000 from 2008 through last spring. These led to what Yelp calls “a deep inquiry into our business practices” by the FTC, which has lasted almost a year. Today, Yelp announced that the feds have closed their investigation, and won’t be taking any action against Yelp regarding its business practices. [More]

(jayRaz)

Regulators Close Investigations Into 600,000 Ford, GM Vehicles Without Initiating Recalls

The National Highway Traffic Safety Administration generally opens inquiries into car manufacturers after receiving numerous consumer complaints about an issue. Those investigations often lead to some type of safety recall. However, that wasn’t the case for two recently closed probes of more than 600,000 Ford and General Motors vehicles. [More]

(chhipkali)

Regulators Investigating Honda, Nissan For Loss Of Power Steering Issues

Here’s the thing about power steering –– it helps drivers keep control of their vehicles, and when the system fails the likelihood of an accident increases. For those reasons, and after receiving numerous consumer complaints, regulators have opened two separate investigations into Honda and Nissan-produced vehicles that lose power steering capabilities. [More]

(Jacki Vance-Kuss)

Regulators Investigating Honda Over Inaccuracies In Reporting Injury And Death Claims

Less than two weeks after Honda announced it would begin a third-party audit of potential inaccuracies in providing valuable information regarding death and injury claims to U.S. regulators, the National Highway Traffic Safety Administration has opened its own investigation into the car company’s reporting procedures. [More]

(Kerry Lannert)

NHTSA Probes Lack Of Parts & Communication In Year-Old Dodge Recall

Nearly a year after Chrysler announced two recalls of Dodge Ram trucks, consumers are still waiting to have their vehicles fixed. The lack of parts and slow pace in remedying the steering issues has investigators with the National Highway Traffic Safety Administration looking for answers. [More]

(dooley)

NHTSA Investigating Nearly One Million Ford Vehicles For Possible Power Steering Defect

The investigators over at the National Highway Traffic Safety Administration have had their work cut out for them this year. And that workload doesn’t appear to be slowing down anytime soon, as the regulator announced this week that it would be looking into power steering issues in nearly a million vehicles manufactured by Ford Motor Co. [More]

Feds Subpoena GM Over Subprime Auto Loans

Feds Subpoena GM Over Subprime Auto Loans

After recalling more than 30 million cars and facing a number of investigations, it’s probably safe to bet that General Motors Company would like to put 2014 in the rearview mirror. Before that’s possible the company will have to get through five more months and a new federal investigation into its financing unit regarding subprime auto loans. [More]