Tag: settlement
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Alaska Secures Major Federal Funds and Key Road Permit
Alaska celebrates significant federal approvals, including a $180 million Port of Alaska settlement and a crucial King Cove Road permit, alongside other infrastructure and energy funding.
Politics and GovernmentBusinessLaw EnforcementState GovernmentsFederal GovernmentLegalTransportationEnergyEconomy AlaskaPort of AlaskaKing Cove RoadSettlementInfrastructureFederal GrantRenewable EnergyOffice of the Alaska Governor
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RentGrow to Pay $2.25 Million to Settle FTC Allegations the Company Violated the Fair Credit Reporting Act and FTC Act
Tenant screening firm RentGrow will pay $2.25 million to settle FTC allegations. The company is accused of violating the Fair Credit Reporting Act and FTC Act by reporting inaccurate data and failing to disclose data sources.
Law EnforcementBusinessPolitics and GovernmentFederal GovernmentLegalEconomyFinancial Markets RentGrowFTCFair Credit Reporting ActFTC ActTenant ScreeningConsumer ReportsSettlement
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FTC, States Settle with Deere & Company, Advancing Farmers' Right to Repair
The FTC and five states settled an antitrust lawsuit with Deere & Company, securing farmers' right to repair John Deere equipment. This resolves allegations of unfair restrictions, empowering farmers and independent technicians to service their own machinery.
BusinessLaw EnforcementPolitics and GovernmentLegalFederal GovernmentState GovernmentsAgricultureEconomy Federal Trade CommissionDeere & CompanyRight to RepairAntitrustFarm EquipmentSettlement
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Hopper to Pay $35 Million in FTC Settlement Over Hidden Fees
Hopper will pay $35 million to settle FTC allegations of hidden fees and deceptive practices. The travel app allegedly charged consumers without consent and misrepresented VIP Support and Price Freeze benefits, violating its "no hidden fees" promises.
BusinessLaw EnforcementPolitics and GovernmentLegalFederal GovernmentEconomySocial Issues HopperFederal Trade CommissionTravel AppHidden FeesConsumer ProtectionSettlementDeceptive Practices
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FTC, Nevada Secure Nearly $10 Million from Tax-Relief Scammers
The FTC and Nevada have reached a settlement requiring tax-relief scammers to pay nearly $10 million in cash and assets. The operators misled consumers by impersonating government authorities and promising false tax debt relief.
Law EnforcementPolitics and GovernmentBusinessFederal GovernmentState GovernmentsLegalEconomySocial Issues FTCNevadaTax Debt ReliefScamSettlementConsumer ProtectionFraud
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Media Monitor: Google Reaches $135 Million Settlement for Android Users
TIME magazine is reporting on Google's $135 million settlement, which may offer payments to eligible U.S. Android users who had a cellular data plan since November 2017.
BusinessScience & TechnologyLegalComputers and InternetEconomySocial Issues GoogleSettlementAndroidCellular DataLegal IssuesTechnologyTIME magazine
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CFTC Staff Issues Advisory on 24/7 Trading, Clearing, and Settlement
CFTC staff divisions issued an advisory today on 24/7 trading, clearing, and settlement. The guidance from three divisions aims to provide clarity for market participants navigating continuous market operations.
BusinessPolitics and GovernmentLaw EnforcementFinancial MarketsFederal GovernmentLegalEconomy CFTCTradingClearingSettlementAdvisoryFinancial RegulationMarket Oversight
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FTC Orders Cox Media Group, Firms to Pay $930,000 for Deceptive AI Marketing Claims
The FTC has ordered Cox Media Group and two firms to pay $930,000 for deceiving customers. They falsely claimed an AI service used smart device conversations for targeted ads, despite no consumer opt-in.
BusinessLaw EnforcementScience & TechnologyEconomyComputers and InternetLegalSocial IssuesDigital and Print Publishing Federal Trade CommissionCox Media GroupAI-powered marketingDeceptive practicesConsumer privacySettlementAdvertising
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Congresswoman Clark Denounces Trump's $1.8 Billion IRS Settlement
Congresswoman Katherine Clark criticizes a $1.8 billion IRS settlement involving Donald Trump, alleging it funnels taxpayer money to allies, including January 6th insurrectionists, and shields Trump from future audits. She calls it "mind-numbingly brazen corruption."
Politics and GovernmentBusinessGeneral PoliticsFederal GovernmentRepublican PartyDemocratic PartyEconomyLegal Donald TrumpIRSsettlementKatherine ClarkJanuary 6thcorruptiontaxpayer moneyCongresswoman Katherine Clark
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Shutterstock to Pay $35 Million in FTC Settlement Over Subscription Practices
Shutterstock will pay $35 million to settle FTC allegations regarding illegal subscription and cancellation practices. The digital media platform was accused of charging consumers without consent and making cancellations difficult.
Politics and GovernmentBusinessLaw EnforcementFederal GovernmentLegalEconomySocial Issues ShutterstockFTCSettlementSubscriptionsCancellation PracticesDeceptive PracticesDigital Media
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Misleading Siri AI Ads Cost Apple $250 Million in Class-Action Settlement
Apple will pay $250 million to settle a class-action lawsuit for misleadingly advertising advanced AI features for Siri that were not available at launch. The settlement covers millions of iPhone 16 and 15 Pro models sold in the US.
Science & TechnologyBusinessLaw EnforcementWorldArtificial IntelligenceLegalEconomyEuropeAsia AppleSiriLawsuitSettlementMisleading AdvertisingiPhoneThe Hindu