CNBC reports: Whole Foods was slapped with a warning letter from the Food and Drug Administration earlier this month after the FDA found "serious violations" of federal regulations during an inspection of the company's food preparation facility in Massachusetts. FDA inspectors reportedly found various food products, including mushroom quesadillas, chives, beets and couscous that were […]
by Paul Alan Levy In a comment posted yesterday to my blog post last week about an amicus brief that Public Citizen and EFF filed in the First Circuit, Ripoff Report founder Ed Magedson announced that his company is going to modify the browsewrap agreement that it has been imposing on users, whereby the company […]
Here. Excerpt: “[House Financial Services Committee Jeb Hensarling would] gut Dodd-Frank and gut the Consumer Financial Protection Bureau,” said Deepak Gupta, a Washington lawyer who previously worked as senior counsel for the watchdog agency. “Jeb Hensarling is a wholly owned subsidiary of the financial services industry.” Too harsh? Not when you consider that, according […]
The U.S. Court of Appeals for the D.C. Circuit just released an opinion rejecting a challenge to the Federal Communications Commission’s 2015 decision to impose network neutrality rules, which seek to prevent internet service providers from blocking or favoring websites. In short, the background of the case is this: The Commission … promulgated the order […]
The Federal Trade Commission has settled with defendants American Handicapped Inc., American Handicapped and Disadvantaged Workers Inc., and their owner charges that the defendants tricked consumers into buying household products on the false pretext that the proceeds would go to help disabled people. According to the FTC’s complaint, the defendants’ telemarketers cold-called consumers to sell […]
Bloomberg reports: Online financing platforms aimed at small businesses are drawing new scrutiny from states concerned the largely unregulated industry could cause a new predatory lending crisis. California is soliciting data from the largest lenders as state officials eye a non-bank lending statute as a possible enforcement and regulatory tool. Illinois is considering legislation that […]
The Washington Post reports: Federal education officials are deciding whether to shut down the nation’s biggest accreditor of for-profit colleges over allegations that it overlooked deception by some of its schools. The Accrediting Council for Independent Colleges and Schools is meant to be a watchdog for hundreds of for-profit schools, wielding the stamp of approval […]
The rule is a big step forward but has some significant flaws. Here is Public Citizen's press release: An effort calling on the U.S. Department of Education to halt federal funding for predatory schools that deny students’ access to the courts reached a milestone today, as the department released a proposed rule designed to protect […]
by Jeff Sovern As a member of the consumer law professor community, I have learned from Senator Elizabeth Warren's work, admire her, worked with her staff, and exchanged emails with her (though we have never actually met). Consequently, I don't like seeing her called names. If I were to compare her to a Disney character, the one I would pick […]
by Jeff Sovern Yesterday the House Appropriations Committee reported out a bill that would convert the Bureau to a commission, subject it to the congressional appropriations process, and delay (perhaps forever) the adoption of the arbitration and payday lending rules. More information on the Committee's web site.