Last December, the Consumer Financial Protection Bureau filed a lawsuit against Student Loan Processing.US, a debt relief operation, that allegedly reaped millions of dollars from thousands of consumer by promising to provide repayment benefits that come free of charge with federal student loans. Today, the agency took steps to put an end to the organization once and for all. [More]
Not Telling The Whole Truth
Regulators Accuse Fiat Chrysler Of “Widely Under-Reported” Deaths Related To Vehicle Accidents
By 9.29.15
After being fined $105 million by federal regulators for their leisurely pace in fixing more than 11 million vehicles connected to 23 safety recalls, Fiat Chrysler’s recall woes haven’t magically disappeared. Instead, it appears they may be intensifying, as the National Highway Traffic Safety Administration today accused the carmaker of widely under-reporting the number of deaths in accidents involving its vehicles. [More]
Class-Action Lawsuit Accuses Fiat Chrysler Of Hiding Safety Issues To Increase Stock Value
By 9.14.15
Fiat Chrysler once again finds itself in the legal doghouse after some of its investors filed a class-action suit, claiming the automaker deceived them by withholding information related to the safety and computer problems in millions of vehicles in order to inflate the price of company stock. [More]
Marketer Of Snuggies, Perfect Brownie Pans, Others Must Pay $8M For Allegedly Deceiving Consumers
By 3.5.15
The marketer of popular “as-seen-on-TV” products such as Snuggies, Magic Mesh door covers and Perfect Brownie Pans must pay $8 million to resolve federal and state charges it deceived consumers with promises of buy-one-get-one-free promotions and then charged exorbitant fees for processing and handling, nearly doubling the cost of the products. [More]
Don’t Lie About Paying For Online Reviews. It’s Against The Law
By 2.27.15
In this era of social media and crowdsourced reviews, businesses with happy customers do what they can to publicize positive feedback. But if a company compensates customers for reviews and fails to disclose that tit-for-tat relationship, it’s illegal and deceptive marketing. [More]
