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CFTC Case Against Kraft Puts Cos. on Hedge
Image: A novel interpretation of the Dodd-Frank Act is rattling buyers of raw materials. The Commodities Futures Trading Commission is moving against Kraft Foods for a big bet in the wheat market, using a section of Dodd-Frank everyone previously assumed was intended to curb high-frequency traders. “The case shows that ...
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News BriefFTC complaint accuses LA Fitness parent companies of blocking easy membership exits
The Federal Trade Commission filed a complaint against LA Fitness’ parent companies, citing difficulties canceling memberships, a month after a court blocked the agency’s click-to-cancel rule.
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ArticleJudge orders CVS to pay nearly $290M for Medicare false claims
CVS’s Caremark division knowingly overcharged Medicare for prescription drugs and must pay nearly $290 million, a Pennsylvania federal judge has ordered.