FTC Confirms Probe into Facebook Privacy Practices; FB Stock Plunges
The Federal Trade Commission (FTC) confirmed that it is investigating Facebook amid the data scandal involving Cambridge Analytica, which gained access and possibly misused...
Media Marketing Companies Charged with Scamming Customers
A slew of media marketing companies have been charged by the Federal Trade Commission for violating a multitude of rules that protect consumers, including...
Alliance Security and Third Party Telemarketers Charged by FTC
Home security company Alliance Security is under allegations from the Federal Trade Commission for violating the Commission’s Telemarking Sales Rule (TSR) and the Fair...
Theranos Inc., Elizabeth Holmes, and Ramesh Balwani Charged with Fraud
The SEC charged Theranos Inc., CEO Elizabeth Holmes, and its former President Ramesh “Sunny” Balwani last week over fraudulent statements made to investors that...
Pres. Trump’s Lead Lawyer in Mueller Probe, John Dowd Resigns
President Donald Trump’s personal lawyer, John Dowd resigns on Thursday. Dowd is the lead lawyer against Special Counsel Robert Mueller’s investigation into Russia’s meddling...
FTC Banned Multiple Debt Collection Agencies In Settlement Reached
The Federal Trade Commission has reached a settlement on Monday, March 20, 2018 in regards to debt collection agencies 4 Star Resolution LLC, Profile...
Electronic Transaction Clearing Reached $80,000 Settlement
Electronic Transaction Clearing has agreed to settle charges ordered by SEC, with information released on Monday, March 19. ETC was charged with illegally placing...
UBS Settles New York AG Probe into Mortgage Securities for $230M
UBS agreed to pay $230 million to settle the investigation of the New York Attorney General’s Office into its marketing and issuance of residential...
FTC Reportedly Investigating Facebook over Possible Misuse of Personal Data
The Federal Trade Commission (FTC) is reportedly investigating Facebook for possible misuse of the personal information of 50 million users obtained by a data...
Uber Self-Driving Car Involved in Fatal Crash in Arizona
An Uber self-driving car was involved in a fatal accident in Tempe, Arizona on Sunday night. According to local police, the vehicle hit a...