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Monday, March 30, 2020
NeuroMetrix-Quell-FTC-settlement

NeuroMetrix Agrees to Pay $4 Million to Settle FTC Complaint

NeuroMetrix, the distributor and marketer of an electrical nerve stimulation device called Quell, and its founder agreed to settle the complaint filed against it...
Wells Fargo

Wells Fargo to pay $35 million to settle charges related to its investment recommendation...

The broker-dealers of Wells Fargo and Company (NYSE: WFC) and the Securities and Exchange Commission (SEC) reached an agreement to settle the charges involving...

FTC files complaint to block joint venture between Peabody Energy and Arch Coal

The Federal Trade Commission (FTC) rejected the proposed joint venture between Peabody Energy (NYSE: BTU) and Arch Coal (NYSE: ARCH). On Wednesday, the FTC filed...

Three Rent-to-Own Operators settle anti-trust lawsuits filed by FTC

The Federal Trade Commission (FTC) announced that three rent-to-own operators agreed to settle the lawsuits alleging that the companies violated the federal antitrust law. Aaron’s...
diageo press kit

Diageo agrees to pay $5 million to settle SEC charges over its disclosure failures

Diageo plc agreed to pay a penalty of $5 million to settle the allegations of the U.S. Securities and Exchange Commission (SEC). The SEC accused...

Perpetrators of fraudulent online business education program to pay $17 million to settle FTC...

The Federal Trade Commission (FTC) announced that the primary culprits of a fraudulent international online business education program agreed to settle the lawsuit filed...

FTC stops marketers of anti-aging supplement ReJuvenation from making false “cure-all” claims

The Federal Trade Commission (FTC) stopped the marketer of ReJuvenation from making false claims that the product can cure all age-related illnesses such as...

California wins $344 million judgment against Johnson & Johnson for deceptive marketing of pelvic...

California defeated Johnson & Johnson in a legal battle involving the company’s pelvic mesh products for women. A Superior Court judge ordered the company...

Upcounsel To Shut Down Permanently on March 4, 2020

Upcounsel, a leading marketplace for legal services, has announced today that it will permanently shut its doors. Just 2 years ago Upcounsel raised a $12...
FCC Chair Ajit Pai Calls California Net Neutrality Bill Illegal

FCC Chairman Says Certain Wireless Carriers Violated Federal Law over Consumers Location Data

Federal Communications Commission (FCC) Chairman Ajit Pai informed lawmakers that the agency’s Enforcement Bureau completed its investigation into the disclosure of consumers’ real-time location...

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robocalls

FTC warns VoIP service providers against “assisting and facilitating” coronavirus related...

The Federal Trade Commission (FTC) sent letters to Voice over Internet Protocol (VoIP) service providers and other companies warning them against “assisting and facilitating”...