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Regulatory Actions August 8, 2020

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 million people and killed 160,000 across…

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 7, 2020
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…

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 7, 2020
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…

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 6, 2020
SEC investigating insider trading of Kodak, Sen. Warren calls for action  

The Securities and Exchange Commission (SEC) is investigating potential insider trading of shares of Eastman Kodak Company (NYSE:…

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 6, 2020
Shapiro bans Equitable Acceptance from refinancing student loan debt

Pennsylvania Attorney General Josh Shapiro permanently stopped the business operations of Equitable Acceptance, which he described as a…

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 5, 2020
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…

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 5, 2020
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…

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 4, 2020
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…

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 4, 2020
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…

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 3, 2020
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…

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 3, 2020
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 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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