When the Justice Department announced it was bringing criminal charges against two former executives of a pharmaceuticals company, alleging a conspiracy to fix prices on generic drugs, we said that this was likely just the tip of the legal iceberg. Today, the industry ran smack into that iceberg — in the form of a lawsuit filed by twenty states against six different drug companies, including notables like Teva and Mylan. [More]
Crime & Fraud
Yahoo Confirms Another Major Data Breach; More Than 1 Billion Users Affected
Remember how, just three months ago, Yahoo had to admit that data for more than 500 million of its users had been compromised in 2014? It seems ridiculous to refer to something that hit 500 million people as the “smaller” of anything, but it turns out that was only the second overwhelmingly huge data breach Yahoo suffered in recent years. This week, it’s admitting a previous, even larger intrusion that hit more than a billion — yes, with a B — user accounts. [More]
How To Protect Yourself From Buying A Drained Gift Card
Gift cards are a popular present for all occasions, and are extra popular during the holiday season. However, one really terrible gift is a gift card that has been drained of its value. Here’s how to prevent that from happening so your gift recipient can buy the perfect present that they actually wanted. [More]
Former Pharma Execs Face Felony Charges For Generic Drug Price-Fixing
Federal prosecutors have charged both the former CEO and president of a New Jersey pharmaceutical company with illegally conspiring to fix prices on generic drugs, marking the first time the Justice Department’s Antitrust Division has prosecuted a case involving generic medications, and could be the first domino in a series of charges still to come against others. [More]
Store Says FedEx Allowed Homeless Man To Sign For Delivery He Then Stole
It’s always upsetting when someone steals your packages after they’ve been delivered, but it’s even more of a bummer when the company doing the deliveries apparently puts that package into the hands of the thief. A California shop is pretty steamed at FedEx, claiming the carrier allowed a homeless man to sign for its packages, which have now gone missing. [More]
Ashley Madison’s Penalty For Exposing Details On 36 Million Users? About $.04 Per Person
In 2015, a major data breach at AshleyMadison.com — the dating site targeted at cheaters — exposed information for some 36 million accounts. The company has now entered into a deal that settles federal and state charges that Ashley Madison: misled users about data security and failed to protect user information; charged users to delete profiles (but didn’t); and used fake profiles to lure in customers. While the settlement has a price tag of $8.75 million, Ashley Madison will actually pay significantly less than that. [More]
Speak Freely America: New Federal Law Outlaws Gag Clauses That Punish You For Negative Reviews
A new federal law will be born today. If it is signed by President Obama, one of his final acts in office will be to enshrine into law one of the core principles on which Consumerist — now in its eleventh year — was founded: That honest consumers have the right to complain. [More]
Wells Fargo Fake Account Lawsuit On Hold While Bank Tries To Force Case Out Of Court
As we mentioned last week, Wells Fargo — the bank where employees opened millions of unauthorized accounts in customers’ names — has been trying to wriggle out of class action lawsuits involving the fake account fiasco by forcing each individual customer into private arbitration. This afternoon, the judge in one lawsuit put the case on hold until he decides whether or not Wells gets to play this “get out of jail free” card. [More]
Court Rules That Police Can Force You To Tell Them Your Phone’s Passcode
Smartphones have taken over our lives faster than the law is able to deal with. For a few years now, it’s been kind of an open legal question whether or not law enforcement can force you to provide them with the password or PIN you use to unlock your phone. A few previous courts have ruled no, that having to provide your passcode is tantamount to self-incriminating testimony. But recently, an appeals court in Florida has found the other way. [More]
Court Clears Backpage.com CEO Of Pimping Charges
There’s no doubt you can procure an escort’s services on Backpage.com. There is also evidence that underage sex workers have been using the site to find customers. However, a California court has ruled that — contrary to allegations made by the state’s attorney general — Backpage’s hosting of these ads is not the same as actual pimping. [More]
“Security As An Afterthought:” 3 Frightening Privacy Claims From Former Uber Staffers
Even if you’re a fan of Uber’s service, it’s often difficult to not take issue with the company’s short history of: disregarding taxi regulations, having questionable screening procedures for drivers, taking a casual approach to customer privacy, and forbidding both its employees and users from bringing lawsuits. Now, several former Uber security staffers are pulling back the veil on what they see as problems at the hugely popular ridesharing service. [More]
Police: Fake Dentist Made House Calls To Pull Teeth, Provide Dentures
Listen: if the dentist says he doesn’t mind dropping by your house to pull a few teeth, you might want to double check and make sure he’s a real dentist before you open wide. [More]
Prudential Employees: We Were Fired For Blowing Whistle On Alleged Wells Fargo Fraud
The taint of scandal surrounding the Wells Fargo fake account fiasco has spread to Prudential, with three employees of the insurance giant claiming they were retaliated against — and ultimately fired — for trying to blow the whistle on possible insurance fraud being perpetrated by Wells Fargo employees. [More]
Former Pharma Execs Accused Of Boosting Fentanyl Sales By Bribing Doctors With Sham Speaking Engagements
Fentanyl is an incredibly potent opioid painkiller; it acts quickly and powerfully, but doesn’t last as long as others, meaning its medical application is limited. So if you’re a drug company trying to boost sales of your new fentanyl spray, how do you sell more of a product that very few people have a real need for? You could bribe doctors with paid “speaking engagements,” take them out and show them the “best nights of their life,” all so they write prescriptions for patients who probably shouldn’t be getting your drug. [More]
Don’t Fall For The ‘Missed Delivery Notice’ Email Scam This Holiday Season
If you’re like everyone else you know, you’ve probably been doing — or plan to do — a bit of online holiday shopping this year. Missing a delivery could put a serious kink in your day, but don’t let that fear draw you into a scammer’s net. [More]
UPS Driver Helps Save Woman Held Captive After Spotting Note On A Package
A woman who was allegedly being abused and kept captive in her home by her husband was rescued this week when an observant UPS driver noticed the plea for help she’d scrawled on a package waiting to be picked up. [More]
Man Sets Porch Pirate Trap With Giant Box Of Dog Poop
Packages left unattended on porches and stoops are low-hanging fruit for thieves who comb neighborhoods looking for something to steal. You can keep parcels safe by setting up a locked drop-box, having packages delivered to a safer address, asking for items to be held for pickup — or you can teach them a lesson with the help of a box full of dog turds. [More]