Alleged Mastermind Of Largest BitTorrent Site Arrested

Alleged Mastermind Of Largest BitTorrent Site Arrested

Nearly two years after authorities took popular pirating site The Pirate Bay down, federal authorities say they have arrested the mastermind behind another BitTorrent distribution site, Kickass Torrents.  [More]

Feds Sue Gold, Silver Investment Company That Allegedly Bilked Millions From Retirees

Feds Sue Gold, Silver Investment Company That Allegedly Bilked Millions From Retirees

Buying gold and silver is in many ways no different than anything else: You pay your money and expect to get what you paid for within a reasonable amount of time. Unlike most other products, when that gold and silver never arrives, you could be out thousands of dollars.
[More]

(Adam Fagen)

JetBlue Pilot Charged With Flying Plane From Florida To New York Drunk

FAA regulations prohibit pilots from consuming alcohol at least eight hours before flying or having a blood-alcohol level higher than .04%, and it’s a federal crime to fly with a BAC of .10% or higher, which is why a now-former JetBlue pilot is in hot water.
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Greiner Construction

Nursing Students Sue ITT Tech Over Misleading Enrollment Practices, Substandard Program

The lawsuits continue to pile up for embattled for-profit college company ITT Education Services. Just days after the Massachusetts Attorney General filed a suit alleging the operator of the ITT Technical Institute brand engaged in a slew of abusive and misleading practices, a group of 11 Tennessee nurses have filed their own complaint accusing the company of deceiving students during the recruitment process about the school’s accreditation prospects.  [More]

Adam Fagen

Feds Sue To Halt Illegal Solar Panel Telemarketing Operation

It’s not against the law to tell people they might be able to save money by slapping some solar panels on their roofs. What is illegal is using millions of unauthorized calls to people on the Do Not Call list to sell those solar panels.
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(harrell99)

Data Broker Must Pay $4.1M For Selling Sensitive Information To Scammers

Data brokers are companies that collect and aggregate information on consumers to create detailed profiles that are then sold to other companies to determine if an individual is qualified for loans, mortgages, jobs, and other things. But sometimes, these companies get their hands on unauthorized, highly sensitive personal information and sell it. Today, four connected data brokers agreed to settle federal charges of selling this sort of information to unscrupulous customers. [More]

(Mike Mozart)

Woman Sues Kohl’s After Receiving Thousands Of Robocalls Intended For Ex-Boyfriend

Receive just one phone call meant for someone else and you might chalk it up to a simple misunderstanding. But getting thousands of prerecorded calls for your ex-boyfriend over a more than two-year period and the situation becomes annoying, aggravating, and — according to one Pennsylvania woman —  grounds for a lawsuit.  [More]

“Buy Here, Pay Here” Dealer To Return $700K To Consumers Over Deceptive Lending Practices

“Buy Here, Pay Here” Dealer To Return $700K To Consumers Over Deceptive Lending Practices

Federal regulators continued their crackdown on not-so-upfront “buy-here, pay-here” auto dealers today, ordering a Colorado-based dealer to pay nearly $1 million in restitution and fines for operating an abusive financing scheme.  [More]

Staples, Office Depot Extend Merger Deadline To Fight Antitrust Lawsuit

Staples, Office Depot Extend Merger Deadline To Fight Antitrust Lawsuit

Just because the Federal Trade Commission went to court in an effort to block the pending merger of Staples and Office Depot, doesn’t mean the companies are putting the mega-deal behind them. In fact, the office-supply chains have extend the contract for their proposed $6.3 billion merger to allow more time to placate antitrust regulators.  [More]

Regulators Accuse Oracle Of Deceiving Customers About Security Of Java Updates

Regulators Accuse Oracle Of Deceiving Customers About Security Of Java Updates

The owners of more than 850 million personal computers using Oracle’s Java Platform Standard Edition were misled about the security of their devices after software updates left the PCs susceptible to hack attacks according to federal regulators.  [More]

FTC Says Staples-Office Depot Deal Is A No-Go, Files Antitrust Lawsuit To Stop Mega-Merger

FTC Says Staples-Office Depot Deal Is A No-Go, Files Antitrust Lawsuit To Stop Mega-Merger

The nightmare dream of the formation of the $6.3 billion StaplesMaxDepot Voltron has officially hit a (very big) speed bump: federal regulators unsurprisingly filed a complaint today charging that the proposed mega-merger’s affect on commercial businesses would violate antitrust laws.  [More]

Debt Collector Must Pay $2.5M In Refunds, Penalties For Illegally Collecting Consumers’ Old AT&T Debt

Debt Collector Must Pay $2.5M In Refunds, Penalties For Illegally Collecting Consumers’ Old AT&T Debt

Federal regulators continued their fight against unscrupulous debt collectors today, ordering a Massachusetts organization to pay $2.5 million in refunds and penalties for illegally collecting unverified debt and providing inaccurate information to national credit reporting agencies.  [More]

Consumers Sue To Stop $107B Mega-Beer Merger

Consumers Sue To Stop $107B Mega-Beer Merger

Anheuser-Busch InBev’s formal $107 billion bid to acquire SABMiller is far from a done deal: federal regulators will likely be combing through the details of the proposal for quite some time to determine how it will affect the global beer markets, and consumers’ wallets. But it looks as if lovers of the sudsy drinks are a bit ahead of the game, filing a lawsuit to stop the mega-merger. [More]

Razor Accuses “Hoverboard” Distributor Swagway Of Infringing On Patent

Razor Accuses “Hoverboard” Distributor Swagway Of Infringing On Patent

Although “Hoverboard” scooters – you know, those boards that don’t actually hover at all, in spite of the nickname – have taken over the Internet and the holiday wish lists in recent months, they’ve also made headlines for all the wrong reasons, such as allegedly exploding while charging and being under investigation by federal safety officials. And now the devices are the center of a lawsuit between big-time scooter manufacture Razor and Swagway -a leading hoverboard distributor.  [More]

Man Who Sued Costco After Altercation Led To Broken Leg Loses Case

Man Who Sued Costco After Altercation Led To Broken Leg Loses Case

Last September, a man in Oregon filed a $670,000 lawsuit against Costco claiming that a receipt-checking dispute left him with a broken leg. This week, a jury refused to award the man damages in the case.  [More]

Steven Depolo

Regulators Take Action Against Online Lender For Deceiving Borrowers On Default Charges

When a company’s name has the word “integrity” in it, you may assume it’s a wholesome, truthful operation forthcoming with information that its customers would find beneficial. That apparently wasn’t the case with Integrity Advance, as federal regulators accused the short-term online lender of deceiving borrowers about the true cost of its loans.  [More]

The operation sent millions of letters like the one picture above to students and families promising assistance in receiving financial aid.

Feds Sue Scammers Who Charged For Bogus Student Financial Aid Assistance

Paying for college out of pocket is nearly impossible for millions of prospective students. Instead, these individuals turn to scholarships, grants, and student loans, often relying on financial service programs to assist them in obtaining the funds. But not all of the companies promising a helping hand are looking out for your best interests. That was apparently the case for a California company accused of ripping off tens of thousands of victims in a nationwide financial aid scam. [More]

UPS Agrees To Pay $4.2M To Resolve False Delivery Claims With 17 States

UPS Agrees To Pay $4.2M To Resolve False Delivery Claims With 17 States

We’ve all been there: you’re waiting for a package, you check the tracking, and it says they tried to deliver. Except you’ve been paying attention the whole time, and no knock has ever come. When it’s just one resident, that really stinks. When it’s a whole bunch of packages being delivered on government contracts, though, it’s lawsuit time. [More]