The Servicemembers Civil Relief Act (SCRA) aims to protect members of the Armed Forces from unfair and harmful practices that jeopardize their financial well-being while deployed. It shouldn’t be surprising then, that failing to adhere to those protections is frowned upon by federal regulators. Just ask Bank of America, which is now on the hook for $30 million stemming from SCRA violations related to more than 73,000 servicemember accounts. [More]
FDA Continues Crackdown On Dietary Supplement Ingredients, Notifies Makers Of 16 Products To Stop Sales
A week after the Food & Drug Administration heeded calls for action by scientists and health advocates by demanding that dietary supplement makers stop selling products with a speed-like ingredient, the agency sent another warning to 14 manufacturers asking them to cease the sale of several products with another possibly harmful stimulant. [More]
Each year the Consumer Financial Protection Bureau supervisory examiners hold hundreds of companies accountable for violations of fair lending and debt collection rules. During the last half of 2014, those actions resulted in the return of $19.4 million to more than 92,000 consumers, according to a new report from the agency. [More]
One of the nation’s largest check authorization service companies is going to be cutting a rather large check to settle charges made by the Federal Trade Commission. [More]
Conditions at the two salmonella egg farms in Iowa are so bad that you’d think they were Tylenol factories, according to recent FDA inspections. Wait, I mean the first and only inspections. [More]
Remember the U-Haul customer who was locked in at a self-storage unit in Wisconsin? Something similar, but possibly more dangerous, happened over the weekend at an indoor U-Haul facility in Philadelphia.
Back in March, Steve Bierfeldt was pulled aside while going through the security line at Lambert-St. Louis (Missouri) International Airport, taken to a room, and questioned for half an hour about the box of cash he was trying to check through. Bierfeldt, who works for a Ron Paul organization, recorded the conversation. Now with the help of the ACLU he’s suing the TSA.
The number of overcharging violations – defined as charging more at the register than the price in an advertisement, on a shelf sign, or on the item itself – soared to 711, from 425.
A Target in Pikesville, Maryland “has been closed until further notice because of a rodent problem,” reports WBAL Baltimore. Target officials wouldn’t tell customers why they were closed—our tipster aishel says they told him it was for maintenance, and a person interviewed by WBAL says she was told it was a “water main problem.” Target’s corporate office, however, confirmed there’s a big mouse problem. Update: The store has reopened.
DSW is playing dirty with Brook, who tried to legitimately order two pairs of shoes on January 30th. Due to an error on DSW’s side, the order was never fulfilled. He called and resolved the problem and they re-processed the order, but a few days later DSW decided to send the order a second time, and this time they jacked up the price by $20. They won’t let him cancel the order and say they’ll only refund the smaller of the two amounts if he returns it. Surprise, DSW! According to the FTC, you just sent Brook some free shoes.
The Georgia peanut plant responsible for the salmonella outbreak that has sickened nearly 500 and killed at least 7 was repeatedly cited with health code violations for being “not properly cleaned and sanitized.”