Mark Iandolo News
Justice Department targets loan providers that allegedly discriminated against Hispanic homeowners
SAN FRANCISCO (Legal Newsline) — The Justice Department has announced a lawsuit against a multitude of mortgage loan modification service providers, alleging violations of the federal Fair Housing Act and Equal Credit Opportunity Act.
Justice Department accuses Georgia of discriminating against students with disabilities
ATLANTA (Legal Newsline) — The Justice Department has announced a lawsuit against the state of Georgia, alleging disability discrimination in the way the state treats students with disabilities in the Georgia Network for Education and therapeutic Support (GNETS) Program.
SEC announces penalties for 13 investment advisory firms that allegedly spread false claims
WASHINGTON (Legal Newsline) — The Securities and Exchange Commission (SEC) has announced penalties for 13 investment advisory firms that allegedly violated securities laws. These companies purportedly spread the false claims made by F-Squared Investments about its flagship product, AlphaSector.
FTC announces permanent ban for New York debt collector
WASHINGTON (Legal Newsline) — The Federal Trade Commission (FTC) has announced that Kelly S. Brace and his four companies have been banned from the debt collection business after a settlement with the agency and the attorney general of New York.
ON to divest Ignition IGBT business to complete merger with Fairchild
WASHINGTON (Legal Newsline) — The Federal Trade Commission (FTC) has announced that ON Semiconductor Corporation will sell its Ignition IGBT business after allegations its proposed $2.4 billion acquisition of Fairchild Semiconductor International Inc. would be anticompetitive.
EEOC charges Profile Cabinet and Designs with race discrimination
ST. LOUIS (Legal Newsline) — The U.S. Equal Employment Opportunity Commission (EEOC) has announced a lawsuit against QWP Holdings LLC, doing business as Profile Cabinet and Design, for allegations of discriminating against two black employees because of their race.
EEOC targets Legendary Baking for disability discrimination allegations
CHICAGO (Legal Newsline) — The U.S. Equal Employment Opportunity Commission (EEOC) has announced a lawsuit against American Blue Ribbons Holding LLC, doing business as Legendary Baking, for allegations of violating federal disability discrimination laws.
CFPB releases 'fix it form' to help student loan servicers improve level of service
WASHINGTON (Legal Newsline) — The Consumer Financial Protection Bureau (CFPB) Student Loan Omsbudman has released a report about consumer complaints of servicing problems that make it difficult to lower their payments in relation to their income.
HealthNow to pay members it allegedly wrongfully denied claims
NEW YORK (Legal Newsline) — HealthNow, New York Inc. will pay many of its members after allegations of wrongfully denying thousands of claims for outpatient psychotherapy and more than 100 claims for nutritional counseling for eating disorders. The alleged wrongful denials totaled more than $1.6 million in patient claims.
Three Papa John's owners in New York City to pay $500,000 for alleged wage law violations
NEW YORK (Legal Newsline) — Sultan Ali Lakhani, Moregrace LLC and Thegrace Inc., owners of three Papa John’s Pizza franchise stores in Manhattan and the Bronx, will pay $500,000 after allegations of violating minimum wage and overtime laws, New York Attorney General Eric T. Schneiderman has announced.
Credit Acceptance Corporation agrees to issue credit to consumers after settlement with Kansas
TOPEKA, Kan. (Legal Newsline) — The Office of Kansas Attorney General Derek Schmidt has announced that Credit Acceptance Corporation will issue credit to roughly 2,100 consumers who used the financing company in the purchase of a vehicle.
Pumpco Energy Services to pay $237,980 after alleged RCRA violations
DALLAS (Legal Newsline) — Pumpco Energy Services Inc. will pay $237,980 after allegations of violating the Resource Conservation and Recovery Act (RCRA), the U.S. Environmental Protection Agency (EPA) announced.
Arizona Attorney General: Western Union has implemented compliance program in area
PHOENIX (Legal Newsline) – Arizona Attorney General Mark Brnovich announced a new development in the Anti-Money Laundering (AML) agreement with Western Union Financial Services Inc.
CFPB proposes changes to Know Before You Owe rule to help provide clarity
WASHINGTON (Legal Newsline) – The Consumer Financial Protection Bureau (CFPB) announced proposed updates to its Know Before You Owe mortgage disclosure rule.
Honeywell, Georgia Power commit more than $28 million to help cleanup LCP Chemicals Superfund site
WASHINGTON (Legal Newsline) – Honeywell International Inc. and Georgia Power Co., in a settlement with the Department of Justice and U.S. Environmental Protection Agency, have agreed to clean up a 60-acre saltwater marsh at the LCP Chemicals Superfund Site in Brunswick, Georgia.
Bloomin' Brands to pay $210,000 after allegations of improperly paying employees
BOSTON (Legal Newsline) – Massachusetts Attorney General Maura Healey announced that Bloomin’ Brands Inc. will pay $210,000 after allegations it failed to pay more than 2,500 state workers for required training in violation of state law.
Two major food retailers agree to divest 76 supermarket stores to complete proposed merger
HARRISBURG, Pa. (Legal Newsline) – Koninklijke Ahold N.V, the owner of Giant-Carlisle and Martin's supermarkets, and Delhaize Group NV/SA, the owner of Food Lion supermarkets, have agreed to settle a case involving competition concerns related to their $28 billion proposed merger.
New Jersey attorney general alleges Just Pups misled customers about dogs' health
NEWARK, N.J. (Legal Newsline) – Acting New Jersey Attorney General Christopher S. Porrino and the New Jersey Department of Consumer Affairs announced a lawsuit against Just Pups LLC and owner Vincent LoSacco for allegations of misleading customers about the health of puppies sold at his store.
New Jersey attorney general targets couple who allegedly deceived Sandy victims
Newark, N.J. (Legal Newsline) — New Jersey Attorney General Christopher S. Porrino and the Division of Consumer Affairs have announced a lawsuit against Jeffrey Colmyer and Tiffany A. Cimino and their companies Rayne Construction Management Services LLC (RCMS) and Colmyer and Sons Construction LLC (Colmyer and Sons).
Apollo Global Management to pay $52.7 million after allegedly misleading investors
WASHINGTON (Legal Newsline) — Four private equity fund advisers affiliated with Apollo Global Management will pay $52.7 million for allegedly misleading fund investors about fees on a loan agreement, the Securities and Exchange Commission has announced.