By Jeff Dale2024-04-29T18:50:00
Kitchen and home retail company Williams-Sonoma agreed to pay nearly $3.2 million for failing to comply with a 2020 administrative order by the Federal Trade Commission (FTC) prohibiting its marketing of imported goods as made in the United States.
As part of its settlement, announced Friday by the FTC and Department of Justice (DOJ), Williams-Sonoma admitted its failure to comply with the 2020 order. The penalty is the largest addressing violations of the FTC’s “Made in USA” rule, which was updated in August 2021.
The company also agreed to certain compliance commitments, including reporting, recordkeeping, and monitoring obligations, the FTC said.
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The public reported a 25 percent increase in losses–totaling more than $12.5 billion in 2024–to investment scams, tech rip-offs, and general fraud, according to an analysis by the Federal Trade Commission.
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A new rule by the Federal Trade Commission will crack down on fake product reviews, whether written by humans or artificial intelligence.
2024-07-08T14:05:00Z By Adrianne Appel
Vroom, the former online used car dealer, agreed to pay $1 million to settle allegations by the Federal Trade Commission that it didn’t abide by consumer protection laws, including providing prompt refunds.
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Deutsche Bank has agreed to pay a $3 million fine and has returned $5 million in fee overcharges to customers as part of a resolution with Hong Kong’s financial services regulator.
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The majority owner of a Pennsylvania investment firm faces 100 years of prison time and huge fines for allegedly running a $770 million Ponzi scheme centered on an ATM company he also owned.
2025-09-03T17:43:00Z By Adrianne Appel
The Federal Trade Commission (FTC) proposed an enforcement action against Disney for allegedly collecting personal information about children, and then threw salt in the wound by calling the company out in an alert emailed to an untold number of businesses.
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