Federal Trade Commission News
Feds Hit 'Deceptive' Herbalife With $200M Fine, Call for Diet Firm to Go Legit
The Federal Trade Commission announced today that the diet and nutrition company Herbalife will have to pay a $200 million fine and restructure its business in response to allegations of “unfair and deceptive practices.” The FTC called the settlement a “significant law enforcement action,” but the
Lawmaker Fighting Ticket Freeze-out in Name of Springsteen
Lawmaker presses onward with effort to crack down on bots used by brokers to snap up concert tickets
Gaming personalities embroiled in Counter-Strike gambling scandal
Three of YouTube and Twitch's most popular gaming personalities, Trevor "TmarTn" Martin, Thomas "ProSyndicate" Cassell, and Josh "JoshOG" Beaver, are embroiled a Counter-Strike: Global Offensive gambling scandal following improper disclosure of their financial and ownership involvement with betting
Ashley Madison's Parent Company Says It's Under Federal Investigation
The parent company of Ashley Madison has confirmed to ABC News that it is under investigation by the Federal Trade Commission after a hack last year that exposed names, email addresses and phone numbers for some of the website's 37 million members. The website claims to connect people looking to
Volkswagen Announces $15B Emissions Settlement
After admitting last year to installing "defeat devices" in 475,000 of its diesel cars, Volkswagen has agreed to pay up to $15 billion to settle claims that it intentionally misled regulators and consumers, an attorney for the plaintiffs in the case announced this morning. Affected owners will have
Volkswagen Reaches Settlement in Emissions Case
The scandal came to light last September when Volkswagen admitted that some of its diesel vehicles used illegal "defeat device" software.
Battling Zika Virus: Comparing Anti-Mosquito Products
The spread of the Zika virus , combined with the start of mosquito season, has consumers looking for ways to protect themselves against the mosquito-borne illness, which has been associated with devastating birth defects . The Federal Trade Commission announced Tuesday it settled for $300,000 with
How Well Do Mosquito-Repellent Products Work?
New products are hitting the market that claim to protect against mosquitoes.
First-Ever Congressional Hearing on Daily Fantasy Sports
The multi-billion dollar Daily Fantasy Sports industry has come under fire recently across the country.