lawsuit

Michael

For-Profit Colleges Sue To Stop Rule That Protects Students Of Failed Schools

Federal regulations that aim to protect and refund student loan borrowers defrauded by their schools could end before they even go into place, thanks to a lawsuit filed by the for-profit college industry. [More]

Owners Of Duramax-Engine Trucks Accuse GM Of Using Emissions-Cheating Devices

Owners Of Duramax-Engine Trucks Accuse GM Of Using Emissions-Cheating Devices

Add General Motors to the growing list of carmakers accused of using so-called “defeat devices” to skirt federal emissions standards. Owners of GM trucks with Duramax diesel engines say the car company has been using secretly installed software to cheat on these tests — and boost sales — for more than five years. [More]

Justice Dept. May Go After Fiat Chrysler For Skirting Emissions Standards

Justice Dept. May Go After Fiat Chrysler For Skirting Emissions Standards

Now that both the Environmental Protection Agency and the California Air Resources Board (CARB) have accused Fiat Chrysler of using “defeat device” software to skirt emission standards in more than 100,000 vehicles, the Department of Justice is expected to file a lawsuit against carmaker.  [More]

ABC-7

Target Customer Takes Retailer To Court After Two-Ton Red Ball Crashes Into Car

A New Jersey Target customer whose car was damaged after a red, two-ton cement ball came loose in front of a store is now taking the retailer to court because she says Target’s insurance company won’t pay to fix her vehicle. [More]

Mike Mozart

Customer Accuses Burger King Of Bogus BOGO Deals

Typically, when presented with a “buy-one-get-one” coupon, customers expect to pay the original price for one item and then get the second one free. But one Burger King customer claims the fast food chain actually increases the price on the first sandwich so you’re not truly getting two for the price of one. [More]

André-Pierre du Plessis

Ponzi Scheme Victims Say PayPal Knew User Was A Scammer

Victims of a Ponzi scheme that raked in hundreds of millions of dollars allege that online payment system PayPal were aware of the scam operator’s past but turned a blind eye because the company was making so much money from these fraudulent transactions. [More]

Mike Mozart

Former MoneyGram Executive To Pay Record Personal Fine To Settle Money Laundering Accusations

The former compliance officer for money transfer company MoneyGram must pay $250,000 — the largest such fine imposed — to settle allegations that he personally failed to stop consumers from becoming victims of fraud. [More]

Jury Awards Woman $110.5M In Johnson & Johnson Talcum Powder Lawsuit

Jury Awards Woman $110.5M In Johnson & Johnson Talcum Powder Lawsuit

More than a year after a Missouri jury ordered Johnson & Johnson to pay $72 million to the family of a woman who died from ovarian cancer linked to the company’s talcum-based products, another jury in the state awarded a Virginia woman a record-setting $110.5 million in a similar lawsuit.  [More]

Anthem

Appeals Court Upholds Decision To Block $54B Anthem, Cigna Merger

The $54 billion marriage between health insurance behemoths Anthem and Cigna is still off after a federal appeals court denied Anthem’s efforts to overturn a previous court order blocking the mega-merger. [More]

afagen

Supreme Court: General Motors Can’t Use Bankruptcy To Avoid Lawsuits Over Deadly Ignition Defect

The Supreme Court has denied General Motors’ legal efforts to use its 2009 bankruptcy to block lawsuits over injuries and financial losses related to the carmaker’s long-ignored ignition switch defect. [More]

(jetsetpress)

Federal, State Agencies Accuse Ocwen Of Mortgage Errors, Illegal Foreclosures

We may be years removed from the robo-signing, foreclosure free-for-all that ensued following the collapse of the housing market, but mortgage servicers continue to screw things up. Today, federal and state regulators sued one of the nation’s largest home loan companies, alleging widespread errors that caused borrowers to lose money, and in some cases their homes.  [More]

Adam Fagen

Feds Sue Debt Collector That Allegedly Misrepresented Attorney Involvement

Under the Fair Debt Collection Practices Act, it is illegal for debt collection firms to use false, deceptive, or misleading representations to collect a debt. One Ohio company apparently didn’t follow this rule when sending consumers letters that claimed attorneys were involved in the collection of their debts, and now it’s facing a lawsuit from federal regulators. [More]

NetSpend To Pay $53M To Resolve Allegations It Misled Prepaid Card Customers

NetSpend To Pay $53M To Resolve Allegations It Misled Prepaid Card Customers

NetSpend, one of the nation’s largest providers of prepaid debit cards, will pay $53 million to resolve federal regulator’s accusations that it misled users about access to funds deposited to the cards.  [More]

Navient Claims It’s Under No Obligation To Help Student Loan Borrowers

Navient Claims It’s Under No Obligation To Help Student Loan Borrowers

Navient, the largest student loan servicer in the country, is here to simply collect your monthly education loan payments, not help you find ways to more easily afford those payments.  [More]

(This Year's Love)

When Education Dept. Said Your Student Loan Would Be Forgiven, It May Not Have Meant It

One way to erase federal student loan debt is to work for the government or at a non-profit for 10 years. However, thousands of people who received notices from the Department of Education that their federal student loans were going to be forgiven through this program may still be on the hook for this debt, as the Department now says these notices are not binding. [More]

Lawsuit Claims LuLaRoe Misrepresents Quality Of Leggings

Lawsuit Claims LuLaRoe Misrepresents Quality Of Leggings

It’s not just sales consultants who are unhappy with multi-level marketing clothing business LuLaRoe: A pair of customers have filed a class-action lawsuit claiming LuLaRoe knowingly sold defective leggings that can tear after their first use. [More]