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FTC sends refunds to victims of credit card debt relief schemes
Victims of certain credit card debt relief schemes will receive refunds, according to the Federal Trade Commission (FTC). The federal consumer protection watchdog said it is sending refund checks totaling…
By Marivic Cabural SummersLatest news
Real Estate CEO Michael Shustek & his firm Vestin Mortgage charged with fraud
The Securities and Exchange Commission (SEC) filed securities fraud charges against Michael Shustek, a real estate CEO in…
By Marivic Cabural SummersNikola Founder Trevor Milton charged with securities and wire fraud, NKLA shares fall
Nikola Corporation (NASDAQ: NKLA) founder and former executive chairman Trevor Milton has been charged with securities and wire…
By Marivic Cabural SummersRobinhood discloses new regulatory investigations ahead of IPO
Robinhood Markets Inc, the online trading platform operator, is facing new regulatory investigations ahead of its initial public…
By Marivic Cabural Summers27 Financial Firms Settle SEC Charges Over Form CRS Filing and Delivery Failures
A total of 27 financial firms (21 investment advisors and 6 broker-dealers) agreed to pay civil penalties to…
By Marivic Cabural SummersSt. Jude Medical to pay $27M to settle allegations it sold defective heart devices
St. Jude Medical reached an agreement to pay $27 million to settle allegations that it intentionally sold defective…
By Marivic Cabural SummersGoogle Faces Second Antitrust Lawsuit Filed By Coalition of Attorneys General
A bipartisan coalition of 37 attorneys general (AGs) is determined to hold Google accountable for its alleged monopolistic…
By Marivic Cabural SummersTrump Hits Twitter, Facebook, Google with Class Action Lawsuit
For years now, big tech platforms like Twitter, Facebook, and Google have come under fire for censorship. Republicans…
By Gabrielle SeunagalSEC charges Parallax Health Sciences for making false claims about COVID-19 efforts
The U.S. Securities and Exchange Commission (SEC) sued Parallax Health Sciences (OTCMKTS: PRLX) for allegedly making false claims…
By Marivic Cabural SummersCourt Dismisses FTC, States’ Antitrust Charges Against Facebook
Facebook (NASDAQ: FB) scored a legal victory after a federal court dismissed the antitrust complaints filed against it…
By Marivic Cabural SummersTesla Safety Features Added to Model 3 and Model Y Monitor Driver Alertness
Tesla is installing a driver monitoring system with the camera above the rear-view mirror to monitor driver alertness.…
By Jackie Allen