The hack that leaked 30 million customers’ data all over the internet may be a year in the past, but things are still rough for intentional-infidelity dating site Ashley Madison, which now finds itself the target of a federal probe.
More than two years after “author,” infomercial pitchman, and professional liar Kevin Trudeau was sentenced to 10 years in prison for repeatedly making bogus weight-loss claims about his book The Weight Loss Cure “They” Don’t Want You to Know About, some of the hundreds of thousands of people conned into buying the book will be getting their money back. [More]
A federal court has issued a restraining order against a network of Florida-based robocallers who bilked more than $15.6 million from victims through the use of auto-dialed, prerecorded scam calls pitching bogus credit card rate reduction under the generic guise “Bank Card Services” or “Credit Assistance Program.” [More]
With the Zika virus spreading across tropical regions of South and North America, consumers are likely looking for ways to ensure they aren’t bitten by disease-carrying mosquitos as summer approaches. But there’s one option they should stay away from: so-called mosquito shield bands. [More]
Last year, the Federal Trade Commission sued Lunada, the makers of the supplement Amberen, alleging that the company did not have the science to back up claims that Amberen was “clinically proven” to cause substantial weight loss, and to alleviate just about every symptom associated with menopause: hot flashes, night sweats, sleep problems, fatigue, and irritability. Now Lunada has agreed to stop making these claims to settle the complaint. [More]
What does it mean for a food to be labeled “whole grain”? Even if there is no official standard for that term, do you expect that a whole grain version of a product would be healthier than the original? [More]
Last week, Staples and Office Depot called off their proposed merger, which would have brought together the biggest and second-biggest office supply retailer into a single paperclip-selling Voltron. Instead, a federal judge granted a temporary injunction, and the companies called off the merger. Now the Federal Trade Commission is officially closing the case. [More]
LearningRx To Pay $200K For Allegedly Unproven Claims That Brain Training Can Improve Income, Treat Autism & ADHD
The company behind the LearningRX “brain training” program has agreed to pay a $200,000 settlement and to stop making claims that its system is clinically proven to treat serious health conditions, or that it can dramatically improves a user’s IQ or income. [More]
Two years ago, the Federal Trade Commission accused Napster co-founder, and creator of Jerk.com, John Fanning of pilfering data from Facebook accounts then charging people $30 each to manage their online reputations. A federal appeals court recently upheld most of the FTC’s ruling that Fanning deceived consumers about the source of the information contained on Jerk.com and the benefits of paying for membership. [More]
On Tuesday evening, a federal judge in Washington, DC issued a preliminary injunction preventing the merger of Staples and Office Depot. The two companies called off their merger after that, but here’s the thing about the hearing: the FTC presented its case against the formation of an international office supply Voltron, but the stores decided not to put up a defense. In hindsight, that seems like a terrible idea. Why would they do that? [More]
The opinion issued today by U.S. District Court judge Emmet Sullivan doesn’t actually say that the country’s biggest office supply chain, Staples, can’t acquire the #2 office supply chain, Office Depot. As the Federal Trade Commission requested, the judge granted a preliminary injunction stopping the merger. That prevents the companies from merging until the FTC is done with their administrative antitrust case, but representatives of the two companies previously said that they would break the engagement if the FTC prevailed. [More]
After nearly six years of legal wrangling over allegations of false advertising, the makers of POM Wonderful pomegranate beverages ran into a dead end this morning when the nation’s highest court refused to hear the company’s appeal. [More]
Venmo is a PayPal-owned money-transfer service that allows users to send payments to each other over the internet. Yesterday, PayPal revealed that Venmo is currently under investigation by federal regulators. [More]
There’s a time-tested rule that if someone gives a child an easy way to unwittingly spend your money, you will soon be looking at a thick bill containing a large number of tiny purchases. Today, a federal court ruled that Amazon failed to do enough to alert Kindle Fire owners — and users of Amazon’s Android appstore — that “Free” apps could still allow kids to make costly in-app transactions. [More]
When the FCC voted in February to consider new rules for your cable box, that kicked off a multi-month cycle of public comments, where anyone and everyone can have their say. The deadline for the first round struck at midnight Friday, which means most of the comments are just rolling onto the internet for all and sundry to have a look at.