“We’ve seen time and again that when new technologies come along, they can create buzz from investors as well as false claims by those purporting to use those new technologies.” Gary Gensler, the chairman of the Securities and Exchange Commission (SEC), made this comment in announcing settlements against two investment firms over charges that they […]
Tag: deceptive
AG announces settlement to stop ‘deceptive advertising’ of mobile device carriers
May 12—WILKES-BARRE — Attorney General Michelle Henry this week announced a $10.25 million, 50-jurisdiction settlement with several major mobile device service carriers regarding allegedly deceptive advertising practices, including claims of “unlimited” data plans and “free” phones. The multi-jurisdictional settlement reached with AT&T, Verizon Wireless, Cricket and T-Mobile requires the carriers to be truthful in future […]
Colorado bill targets deceptive ticket sales tactics
DENVER (KDVR) — Many sports and music fans rush to purchase tickets to upcoming events across Colorado, and proposed legislation is targeting sales tactics that can result in hidden fees and other means of deceptive ticket pricing. Jason Kramer tells FOX31 he enjoys concert season but finds many tickets can cost between $200 and $300. […]
Petland stores engaged in ‘deceptive sales practices’, sold sick dogs, lawsuits allege
Chrystal Rivas said that when she and her husband, Robert, walked into a Petland store owned by the company in its headquarters city of Chillicothe in April 2022, they “immediately fell in love” with Louie, a brown and white English bulldog puppy. Because Louie was a pure bred and Petland had expenses related to the […]