FTC sending $9.1M in refunds to victims of fraudulent Amazing Wealth System
The Federal Trade Commission (FTC) announced that it will distribute a total of $9.1 million in refunds to consumers, who were victims of a...
New York Regulator Releases List of Cryptocurrencies Approved for Custody, Listing
The New York State Department of Financial Services (DFS) released its Greenlist of cryptocurrencies or virtual currencies (VC) approved for custody or listing.
The DFS...
Interactive Brokers to pay $38M to settle with U.S. regulators
Interactive Brokers, a registered broker-dealer, agreed to pay a total of $38 million in penalties to settle the charges filed by the Securities and...
Rialto Capital Management to pay $350K penalty to settle SEC charges
Rialto Capital Management, a registered investment management firm, agreed to a penalty of $350,000 to the Securities and Exchange Commission (SEC) to resolve the...
World Acceptance Corp to pay $21.7 million to settle SEC charges
World Acceptance Corporation (NASDAQ: WRLD), a consumer lender based in South Carolina, agreed to pay a total of $21.7 million to resolve the charges...
AbbVie to pay $24 million to settle lawsuit over Humira marketing practices
AbbVie (NYSE: ABBV) agreed to pay $24 million to settle a lawsuit alleging that the biopharmaceutical company committed wrongdoings in connection with its marketing...
Humana sues St. Jude and Abbott Laboratories for faulty pacemakers
Humana has filed suit against St. Jude Medical, LLC and parent company Abbott Laboratories over faulty pacemakers once again after Abbott Laboratories escaped liability...
Shapiro stops another two medical supply companies from price gouging
Pennsylvania Attorney General Josh Shapiro stopped two medical supply companies from price gouging during the COVID-19 pandemic, which has already infected more than 4.9...
New York Attorney General files lawsuit to dissolve the NRA
New York Attorney General Letitia James filed a lawsuit to dissolve the National Rifle Association (NRA), the largest and most influential gun rights organization...
FTC sues online sellers of PPE that falsely promise fast deliveries
The Federal Trade Commission (FTC) filed charges against three online sellers of face masks and other personal protective equipment (PPE) for making false promises...