When working a few extra hours, you have a reasonable expectation to be compensated for that time. Unfortunately, that doesn’t always happen, which was the case for nearly 400 employees of Bank of America who sued the company alleging it failed to pay them overtime. Now, the company has agreed to settle the case, providing $36 million to the wronged employees. [More]
Target Corp. must pay $2.8 million to settle allegations that thousands of people lost out on a chance to be employed by the company because of certain discriminatory pre-employment assessments. [More]
CVS Health agreed to pay $450,000 to settle a years-long investigation by Rhode Island and the Drug Enforcement Administration that several of its locations filled forged and invalid painkiller prescriptions in violation of federal laws. [More]
Three months after regulators shut down a credit repair company catering mainly to Spanish-speaking consumers for falsely claiming to have a close relationship with the federal government – calling itself “FTC Credit Solutions” – and bilking thousands of dollars from individual consumers with empty promises of boosting their credit scores, the real Federal Trade Commission announced it has reached a settlement that will result in the return of $2.4 million to victims of the scam. [More]
Hundreds of former students at Kaplan Career Institute and Lincoln Technical Institute in Massachusetts will receive redress from the for-profit colleges after the schools settled charges they engaged in unfair practices with the state’s Attorney General’s office. [More]
Owners of Nike+Fuelband fitness trackers are eligible for a partial refund after Nike and Apple agreed to settle a class-action lawsuit that claimed the companies misled consumers about the accuracy of the wearable device. [More]
If your to-do list currently has a spot marked “apply for cramming refund from T-Mobile,” then you’d better hop to it. Individuals who currently have or had wireless service with the “Uncarrier” in the last five years have just 14 more days (the deadline is June 30) to apply for a refund as part of the mobile company’s $112.5 million settlement with the Federal Trade Commission for tacking-on third-party charges to customers’ bills – a practice known as cramming. You can visit the settlement website to see if you’re eligible or to submit a claim. [WTNH-TV]
More than a year after Target announced that it had been victim to a massive data breach during the 2013 holiday season, the company is poised to pay $10 million to settle a class-action suit stemming from the incident. [More]
Current and former owners of nearly 350,000 Nissan vehicles could be on the receiving end of a reimbursement check after the car company agreed to settle a class-action lawsuit involving vehicle defects that caused brakes to suddenly fail. [More]
Sometimes working together is better than going it alone. That is, unless you collude with your competition to form a monopoly. In which case you’re probably going to slapped with lawsuits, and a hefty fine. Such was the case for a group of tour bus companies in New York City that have agreed to pay $19 million to settle antitrust claims. [More]
Twitter has settled a Federal Trade Commission investigation, which started after a hacker gained access to a number of Twitter accounts (including President Barack Obama’s) and sent out fake tweets from those addresses. Under the terms of the settlement, Twitter “will be barred for 20 years from misleading consumers about the extent to which it maintains and protects the security, privacy and confidentiality of nonpublic consumer information.” We don’t know what happens in year 21. [More]
Back in December the Center for Science in the Public Interest became annoyed with Sara Lee for allegedly misleading consumers about the amount of “whole grain” in their breads. The organization announced its intention to sue Sara Lee over its “Soft & Smooth Made with Whole Grain White Bread,” which claims to combine “all the taste and texture of white bread with the goodness of whole grain,” when actually “there is more water in this product than whole grain,” according to the CSPI.
If you’re trying to get your mortgage modified or just a question answered but find yourself stymied by your loan servicer’s slow or lack or response, you can write what is termed a qualified written request (QWR) under section 6 of Respa, The Real Estate Settlement Procedures Act. Under federal law, they have to acknowledge the letter within 20 working days and respond in 60. Inside, a template to follow for drafting a QWR…
Consumer groups, which were not involved in the lawsuit, say more than 100 people have been killed or injured from scalding and burns caused by hot foods and liquids spilling from the stove top, or from being crushed by the weight of a stove that has tipped over.