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Safehaven (Free subscription) | 3 hours ago
When I first came out with the PPD research (which I released for free as a public service, may I add), many were doubtful as the market was literally manipulated upward. I feel my blog's patrons were confusing the alleged "scam's" ...
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The Earth Times Online Newspaper (Free subscription) | 20/11/2009
ADA, Okla., Nov. 20 -- Pre-Paid Legal Services, Inc. (NYSE: PPD) wishes to clarify information provided in our press release issued yesterday, November 19, 2009. We believe the proposed draft complaint from the Federal Trade Commission ("FTC") referr...
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43(B)log (Free subscription) | yesterday
Sushi fraud: Apparently, if you don't walk around fingerprinting the DNA of your fish--the database is, hilariously, FISH-BOL--you run the risk of ordering tuna and instead receiving escolar, "a nasty fish with buttery flesh that can cause bizarre episodes of diarrhea, accompanied by a waxy intestinal discharge," or an endangered species of tuna. "[R]esearchers from Columbia University...
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NewsWatch: Energy (Free subscription) | 20/11/2009
The CAPP blog (Cities Aggregation Power Project) reports today on the Public Utility Commission approving new electricity consumer protection rules today. Among the issues addressed: printing contract expiration dates on bills so customers know when they might lose a particular...
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News Unfiltered (Free subscription) | 20/11/2009
Consumers Union urged the Federal Reserve Board today to stop credit card companies from unfairly hiking interest rates and engaging in other unfair practices designed to get around new consumer protections set to go into effect in early 2010. The Fed is currently considering a set of proposed regulations to implement the Credit CARD Act passed by Congress earlier this year. Most of the new rules...
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Sequence Inc. FRAUDfiles Blog (Free subscription) | 20/11/2009
Much to my surprise, the Federal Trade Commission appears to be taking action against Pre-Paid Legal Services (NYSE:PPD) for making misleading representations in connection with its Identity Theft Shield and Affirmative Defense Response System products. The company is named, along with CEO Harland Stonecipher anbd Chief Marketing Officer Mark Brown. The FTC seeks not only [...]
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PC World (Free subscription) | 19/11/2009
A company that offered free Internet auction kits settles charges from the FTC that it then charged customers a monthly fee.
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The IN VIVO Blog (Free subscription) | 19/11/2009
The Obama administration may have sent a subtle message to drug manufacturers Monday, when it nominated Julie Brill to be one of two new commissioners at the Federal Trade Commission. The message? Make sure your marketing practices don’t collide with consumers’ best interests. Brill has overseen consumer protection for states since 1988, with a major emphasis on watching over the pharmaceutical...
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Pharmalot (Free subscription) | 19/11/2009
Who? Julie Brill, who was Vermont’s assistant attorney general for consumer protection and antitrust, where she spearheaded efforts to publicize pharma payments to docs and reign in some marketing practices, The Pink Sheet writes*. She championed, for instance, a controversial data mining law (see here). Brill worked in Vermont from 1988 to 2009 before moving earlier [...]
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Environmental Leader (Free subscription) | 19/11/2009
As the U.S. House of Representatives considers how far the EPA should go in regulating chemicals used in everyday products, trade groups are cautioning against over-regulation. The Subcommittee on Commerce, Trade and Consumer Protection took comments on the EPA’s proposed overhaul the 1976 Toxic Substances Control Act (TSCA), which governs the country’s chemicals policies. EPA Administrator...
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AFL-CIO Weblog (Free subscription) | 18/11/2009
AFL-CIO Director of Policy Damon Silvers has a prescription for moving our economy forward: Make the financial sector the servant of the real economy—not its master. Silvers debated American Bankers Association President Edward Yingling on the need for financial reform in a hard-fought discussion at the Aspen Institute yesterday, and the differences between the two were most apparent when it...
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Consumer Watchdog (Free subscription) | 18/11/2009
Mercury General, a large auto insurer, wants to legalize premium discounts tolongtime customers and got a bill to that effect passed by the Legislature six years ago, but the law was overturned by the courts as violative of Proposition 103. Since then, Mercury has played a cat-and-mouse game with its foes in the lawyer-backed consumer protection field. Mercury has another ballot measure in the works,...
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Computer World (Free subscription) | 18/11/2009
The U.S. Federal Trade Commission has filed a civil contempt complaint against an online check-writing service, saying the company continues to allow customers to create and e-mail checks without verification of their identities.
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HomeATM (Free subscription) | 18/11/2009
As reported by various new agencies a couple days back, the Fed ban on automatic ATM, debit overdraft fees is on the way From ATM Marketplace: Bloomberg reports that the Federal Reserve will prohibit banks from charging overdraft fees on ATMs and debit cards, unless the bank customer or credit union member agrees to pay charges for exceeding account balances. And financial companies that do impose...
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Digital Destiny (Free subscription) | 18/11/2009
Let alone issues related to editorial independence. Here’s an excerpt from the UK’s Marketing Week on what P&G is doing with the pay per engagement model (something we believe has privacy implications): Brands are moving away from simple CPM deals and click-through rates. Indeed, back in September it emerged that Procter & Gamble was briefing media [...]
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money | 12/08/2009
In the 1930s, 1940s and early 1950s, cigarette advertising frequently included claims that drew the attention of the Federal Trade Commission (e.g., “No worry about throat irritation even when you inhale!”). The commission's efforts to police these claims had little effect, however, for it was unable to stop the misleading claims until after the lengthy hearing and appeal processes had been exhausted....
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money | 12/08/2009
Promotional activities have always been part of tobacco product marketing, but there was a marked increase in the distribution of promotional items for tobacco products in the late 1980s and early 1990s. The effects of this phenomenon on the uptake of cigarettes by the young could be readily measured by survey techniques, for it is relatively easy to ascertain, for instance, whether a respondent has...