The U.S. Department of Labor’s controversial new rule mandates financial professionals who service individual retirement accounts, including IRAs and 401(k) plans, to serve the “best interest” of the savers and disclose conflicts of interest.
The U.S. Department of Labor announced April 3 that its Occupational Safety and Health Administration (OSHA) has ordered Wells Fargo Bank N.A. to compensate and reinstate a former bank manager who lost his job after reporting suspected fraudulent behavior to superiors and a bank ethics hotline.
District of Columbia Attorney General Karl Racine announced April 14 that his office has settled with Collect Pros LLC, a California-based debt collection company, and Michael Ross, who owns and manages the company.
The Federal Trade Commission (FTC) recently announced that it has approved final orders with three companies following allegations of deceiving consumers through the misrepresentation of company participation in the Asia-Pacific Economic Cooperation (APEC) Cross-Border Privacy Rules (CBPR) system.
The Federal Trade Commission (FTC) recently announced it has approved SuperValu Inc.’s application to sell one of two supermarkets bought in 2015 after Safeway and Albertsons merged and were required to divest 168 stores.
Ohio Attorney General Mike DeWine recently announced that his office has filed a lawsuit against Columbus charity operator Johnny R. Marcum and his organization, Central Ohio Sober Living, for allegations of violating state charitable laws and stealing clients' identities.
Plaintiff Bryan Namoff, a former DC United defenseman, filed a complaint for damages in the U.S. District Court for the District of Columbia April 4. He seeks to recover more than $126,000 in costs he paid to attorneys Steven Shapiro and Joseph Cammarata, in addition to punitive damages.
Two consumers, one from California and another from Maryland, have filed a class action lawsuit against Samsung alleging design defect, liability and product liability over the company's Galaxy smartphone.