In an effort to gain approval for their $6.3 billion proposed marriage to Staples, Office Depot announced last month it would close about 400 stores. While that move could certainly help the merger process, it appears that federal regulators are less worried about retail sales at physical stores, and more concerned about their contracts to provide supplies to large corporations and businesses. [More]
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Antitrust Concerns For Staples, Office Depot Merger Now Center On Corporate Supply Contracts
Lawsuit Says Jessica Alba’s Honest Company Products Are Dishonest About “Natural” Claims
The Honest Company, co-founded by actress Jessica Alba, built its billion-dollar reputation on the fact that its products are created using natural, nontoxic elements. But a newly filed class-action lawsuit claims the company hasn’t been as honest as its name would lead one to believe, accusing the organization of deceiving consumers by selling items that actually contain unnatural and ineffective ingredients. [More]
West Coast Grocery Chain Haggen Sues Albertsons For $1B Over Misrepresentations In Acquired Stores
Nine months ago, when Albertsons and Safeway had to sell off a bunch of stores to make their $9.2 billion merger more palatable, the Washington-based Haggen supermarket chain agreed to snap up nearly 150 of those locations. Now Haggen, in a $1 billion lawsuit, says the sale of these stores was really a calculated effort on Albertsons’ part to eliminate competition. [More]
Man Charged With Operating Debt Collection Scheme That Targeted, Defrauded Spanish-Speaking Consumers
Deceiving consumers is a trademark for most unscrupulous operations attempting to collect debts that aren’t actually owed. Shady collectors have been known to lie about debts, misrepresent themselves as officers of the law, threaten lawsuits and, in the case of one operator, threaten Spanish-speaking residents with deportation. [More]
Regulators Halt Alleged Energy Drink Pyramid Scheme That Targeted College Students, Other Young Adults
Federal regulators continued their crackdown on supposedly deceptive dietary supplement companies this week by temporarily shutting down an Arizona-based company that allegedly ran a pyramid scheme promising college students they would rake in the big bucks by selling energy drinks. [More]
Class-Action Lawsuit Claims 10 Automakers Hid Keyless Ignition Carbon Monoxide Dangers That Led To 13 Deaths
At least 13 people have died because 10 major automakers concealed the risk of carbon monoxide poisoning in more than five million vehicles equipped with keyless ignitions, a new class-action lawsuit claims. [More]
Sallie Mae Spinoff Navient Could Face CFPB Lawsuit Over Student Loans
In the short time since Navient – the nation’s largest student loan servicing company – spun off from Sallie Mae, the company has come under scrutiny for it allegedly unfair practices of overcharging and imposing excessive fees on consumers’ loans. While those practices resulted in a $97 million settlement with the Depts. of Education and Justice, and the Federal Deposit Insurance Corp, they could soon lead to a lawsuit from the Consumer Financial Protection Bureau. [More]
Former Airline Catering Employee Sues American Airlines After Cargo Box Falls On Him
Depending on your job, going to work each day might entail putting yourself in harm’s way. However, most of us probably don’t envision going about our daily tasks and having a nearly 700-pound cargo box fall on us. But that’s exactly what happened to a Houston man, and now he’s suing American Airlines. [More]
Family Sues American Airlines After Father With Alzheimer’s Goes Missing From Airport
It’s not uncommon for an airline to lose a piece of luggage for one reason or another during any particular trip from point A to point B; that’s just the risk we take when we hand over a $25 fee and our belongings. While material items can generally be replaced, people can’t be. So, when American Airlines somehow lost track of a passenger with Alzheimer’s earlier this year, his family was worried, and angry with the airline. Thankfully, the man was eventually found, and now his family is filing a lawsuit accusing the carrier of negligence. [More]
Regulators Sue Pension Advance Companies Over Deceptive Marketing Of Loans
Five months after the Consumer Financial Protection Bureau warned that pension advance loans could be the new payday loan – leaving consumers who are already struggling to make ends meet in dire financial situations – the agency announced it had teamed up with the state of New York to shut down two companies that allegedly deceived retirees about the risks and costs associated with the loan products. [More]
Investors Sue American Express After Loss Of Costco Agreement
Five months after American Express and Costco announced they would go their separate ways and end their exclusive relationship – essentially allowing members of the warehouse club to use other cards – shareholders for the credit card company have filed a lawsuit claiming it blindsided investors with the loss of the contract. [More]
Woman Sues Starbucks For $2 Million Over Drink Allegedly Tainted With Chemicals
A Utah woman has filed a $2 million lawsuit against Starbucks and several employees claiming she was given a drink that contained a cleaning solution. [More]
Owners Of Nike+FuelBands Eligible For $15 Check Or $25 Gift Card Under Class-Action Settlement
Owners of Nike+Fuelband fitness trackers are eligible for a partial refund after Nike and Apple agreed to settle a class-action lawsuit that claimed the companies misled consumers about the accuracy of the wearable device. [More]
Amazon Must Face Trademark Lawsuit Over Wristwatch Search Results
If Amazon doesn’t sell a specific product I’m looking for, should it simply tell me “Sorry, nothing here” or should it bring up a slate of other, possibly similar, competing products? To one high-end watchmaker that’s been involved in a four-year legal battle with Amazon, these questionable search results aren’t just an annoyance but constitute trademark infringement. And yesterday, a federal appeals panel said Amazon must face this trademark complaint in court. [More]