Business November 18, 2020
FTC sues mobile banking app operator Beam Financial for misleading customers
The Federal Trade Commission (FTC) filed a civil complaint against Beam Financial and its CEO Yinan Du for allegedly engaging…
Business November 9, 2020
Zoom settles FTC allegations over its encryption; ZM shares plunge
Zoom Video Communication (NASDAQ: ZM) agreed to settle with the Federal Trade Commission (FTC) over its encryption to secure users’ data…
Business October 23, 2020
FTC moving closer to decision on antitrust suit vs. Facebook
The U.S. Federal Trade Commission (FTC) is inching closer to a decision about filing an antitrust lawsuit against social media…
America September 13, 2020
Fraudsters are getting sophisticated, how to protect yourself from becoming a scam victim?
Online shopping has been a norm among Americans even before the COVID-19 pandemic. Fraudsters are always looking for ways to…
Financial Investigations September 10, 2020
Arete Financial Group to pay $835K to settle FTC case over its alleged student loan debt relief scheme
The Federal Trade Commission (FTC) announced that Arete Financial Group, several related companies, and individuals agreed to pay around $835,000…
Business September 3, 2020
ABCmouse to pay $10M to settle its alleged illegal billing and marketing practices
Age of Learning, Inc. also doing business as ABCmouse agreed to pay $10 million to settle the allegations of the…
Investigates September 1, 2020
Dean Graziosi, Scott Yancey allegedly assist real estate training scheme operators defraud consumers
The Federal Trade Commission (FTC) added real estate investment celebrities, Dean Graziosi, Scott Yancey as defendants in a lawsuit filed…
Investigates August 22, 2020
Facebook CEO Mark Zuckerberg testified during FTC antitrust inquiry
Facebook (NASDAQ: FB) CEO Mark Zuckerberg testified during a hearing conducted by the Federal Trade Commission (FTC) as part of…
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…
Business August 12, 2020
Qualcomm wins appeal in FTC antitrust lawsuit, stock soars
Qualcomm (NASDAQ: QCOM) succeeded in its legal battle against the Federal Trade Commission (FTC) after an Appeals Court overturned a…
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