FTC investigation into Twitter data breach could cost $250M in fines
Social networking site Twitter announced on Monday that the Federal Trade Commission (FTC) sent them a draft complaint on July 28. The FTC is...
FTC says Yellowstone Capital deceived, overcharged small businesses
The Federal Trade Commission (FTC) sued Yellowstone Capital LLC and Fundry LLC for allegedly deceiving and overcharging small businesses.
The companies’ founder and CEO Yitzhak...
Malware author pleads guilty for role in Infraud cybercriminal organization
A malware author pleaded guilty for his involvement in Infraud, a transnational cybercriminal organization that victimized millions of businesses and consumers across the United...
Golden Sunrise Nutraceutical charged with deceptive advertising
The Federal Trade Commission (FTC) sued Golden Sunrise Nutraceutical for allegedly deceptively advertising its $23,000 COVID-19 treatment plan as “FDA accepted.”
Golden Sunrise Nutraceutical is...
SEC charges Victor Farias with defrauding first responders out $14M
On July 30, 2020, David Peavler, Regional Director of the SEC’s Fort Worth Office announced charges against San Antonio-area businessman, Victor Lee Farias and...
Bausch Health, formerly Valeant, to pay $45 million to settle SEC charges
Bausch Health formerly Valeant Pharmaceuticals agreed to pay a penalty of $45 million to settle a complaint filed by the Securities and Exchange Commission...
SEC charges former Georgia state legislator Dean Alford in Ponzi scheme
The Securities and Exchange Commission (SEC) filed a complaint against Clarence Dean Alford, a former legislator and a former Board of Regents member in...
Spectro to pay $1M to settle Air Force SBIR program FCA violations
The United States entered into a $1 million Settlement Agreement with Spectro Scientific (Spectro), a global oil and fuel analysis instruments company. They were...
Pennsylvania AG’s lawsuit against Navient to proceed towards trial
Pennsylvania Attorney General Josh Shapiro announced that his lawsuit against Navient will move forward to trial.
Navient is the largest student loan servicer in the...
DOJ suing MyLife.com over misleading billing and marketing practices
Mylife.com Inc., a California-based purveyor of background reports, and its CEO Jeffrey Tinsley are facing a lawsuit filed by the U.S. Department of Justice...
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Canada rebukes Trump’s aluminum tariffs with tariffs of their own
On Friday, Canada announced plans to impose tariffs on $2.7 billion in American goods following 10% aluminum tariffs re-imposed by the Trump Administration.
Trump signed...
