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Regulatory Actions August 17, 2020

FTC adds charges against Trafffic Jam Events over deceptive COVID-19 stimulus and “prize” mailers

The Federal Trade Commission (FTC) is pursuing a broader administrative complaint against a marketing company and its owner for allegedly luring consumers to auto sales events using deceptive COVOD-19 stimulus…

By Marivic Cabural Summers Marivic has been a freelance writer/journalist for nearly 20 years. She strictly adheres to the ethical standards in journalism. For her, integrity is everything. Readers deserve to know that real story. She previously worked as research analyst and editor at Lombardi Financial and has written for various websites including The Motley Fool, ValueWalk, IcannWiki and was a news writer/radio program producer at Nation Broadcasting Corporation. Marivic holds a BA in Mass Communications.
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Regulatory Actions August 16, 2020
Apple loses $506M patent trial over its use of 4G LTE tech

An eight-person Eastern District of Texas federal jury decided that Apple should pay PanOptis Patent Management LLC more than…

By Jackie Allen Jackie is a freelance journalist and technology geek. She worked as a telecom project director for AT&T and BellSouth. Before joining the USA Herald she has written books, articles, blogs and whitepapers. Her clients include Samsung and other technology companies.
Regulatory Actions August 16, 2020
DOJ finds Yale discriminating against Asians, Whites in undergraduate admissions

The U.S. Department of Justice (DOJ) found that Yale University has been discriminating against Asian and White American…

By Marivic Cabural Summers Marivic has been a freelance writer/journalist for nearly 20 years. She strictly adheres to the ethical standards in journalism. For her, integrity is everything. Readers deserve to know that real story. She previously worked as research analyst and editor at Lombardi Financial and has written for various websites including The Motley Fool, ValueWalk, IcannWiki and was a news writer/radio program producer at Nation Broadcasting Corporation. Marivic holds a BA in Mass Communications.
Regulatory Actions August 15, 2020
SEC charges Boon.Tech, CEO Rajesh Pavithran over fraudulent ICO

The Securities and Exchange Commission (SEC) accused Kelvin Boon LLC doing business as Boon.Tech and its CEO Rajesh…

By Marivic Cabural Summers Marivic has been a freelance writer/journalist for nearly 20 years. She strictly adheres to the ethical standards in journalism. For her, integrity is everything. Readers deserve to know that real story. She previously worked as research analyst and editor at Lombardi Financial and has written for various websites including The Motley Fool, ValueWalk, IcannWiki and was a news writer/radio program producer at Nation Broadcasting Corporation. Marivic holds a BA in Mass Communications.
Regulatory Actions August 15, 2020
Gene Levoff denied motion to dismiss, will face insider trading charges

The U.S. District Court for New Jersey shot down Gene Levoff’s motion to dismiss his indictment on Wednesday.…

By Jackie Allen Jackie is a freelance journalist and technology geek. She worked as a telecom project director for AT&T and BellSouth. Before joining the USA Herald she has written books, articles, blogs and whitepapers. Her clients include Samsung and other technology companies.
Regulatory Actions August 15, 2020
Daimler, Mercedes-Benz to pay $2.2B to settle emissions charges in the U.S.

Daimler AG (OTCMKTS: DMLRY) and its subsidiary Mercedes-Benz USA agreed to pay a total of approximately $2.2 billion…

By Marivic Cabural Summers Marivic has been a freelance writer/journalist for nearly 20 years. She strictly adheres to the ethical standards in journalism. For her, integrity is everything. Readers deserve to know that real story. She previously worked as research analyst and editor at Lombardi Financial and has written for various websites including The Motley Fool, ValueWalk, IcannWiki and was a news writer/radio program producer at Nation Broadcasting Corporation. Marivic holds a BA in Mass Communications.
Regulatory Actions August 13, 2020
Hillandale Farms sued for price gouging during COVID-19 pandemic

Hillandale Farms, one of the largest producers and distributors of eggs in the country, is accused of price…

By Marivic Cabural Summers Marivic has been a freelance writer/journalist for nearly 20 years. She strictly adheres to the ethical standards in journalism. For her, integrity is everything. Readers deserve to know that real story. She previously worked as research analyst and editor at Lombardi Financial and has written for various websites including The Motley Fool, ValueWalk, IcannWiki and was a news writer/radio program producer at Nation Broadcasting Corporation. Marivic holds a BA in Mass Communications.
Regulatory Actions August 12, 2020
DOJ moves to shut down 300 websites exploiting the COVID-19 pandemic

The U.S. Department of Justice (DOJ) remains committed to preventing entities or individuals who are taking advantage of…

By Marivic Cabural Summers Marivic has been a freelance writer/journalist for nearly 20 years. She strictly adheres to the ethical standards in journalism. For her, integrity is everything. Readers deserve to know that real story. She previously worked as research analyst and editor at Lombardi Financial and has written for various websites including The Motley Fool, ValueWalk, IcannWiki and was a news writer/radio program producer at Nation Broadcasting Corporation. Marivic holds a BA in Mass Communications.
Regulatory Actions August 12, 2020
Françoise Brougher brings gender discrimination suit against Pinterest

Edit: This article has been updated to include a statement from a Pinterest Spokesperson. Pinterest’s former COO Françoise…

By Jackie Allen Jackie is a freelance journalist and technology geek. She worked as a telecom project director for AT&T and BellSouth. Before joining the USA Herald she has written books, articles, blogs and whitepapers. Her clients include Samsung and other technology companies.
Regulatory Actions August 11, 2020
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…

By Marivic Cabural Summers Marivic has been a freelance writer/journalist for nearly 20 years. She strictly adheres to the ethical standards in journalism. For her, integrity is everything. Readers deserve to know that real story. She previously worked as research analyst and editor at Lombardi Financial and has written for various websites including The Motley Fool, ValueWalk, IcannWiki and was a news writer/radio program producer at Nation Broadcasting Corporation. Marivic holds a BA in Mass Communications.
Regulatory Actions August 11, 2020
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)…

By Marivic Cabural Summers Marivic has been a freelance writer/journalist for nearly 20 years. She strictly adheres to the ethical standards in journalism. For her, integrity is everything. Readers deserve to know that real story. She previously worked as research analyst and editor at Lombardi Financial and has written for various websites including The Motley Fool, ValueWalk, IcannWiki and was a news writer/radio program producer at Nation Broadcasting Corporation. Marivic holds a BA in Mass Communications.

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