Business Blog


Road Cleared for VW to Compensate Consumers

A judge has today approved a landmark $10 billion settlement that will enable 500,000 consumers across the country to sell back their tainted diesel-powered cars to Volkswagen.

The $10 billion order secured by the FTC will make consumers whole by remedying the losses they suffered due to VW’s deceptive “Clean Diesel” ad campaign.

For most hard-working Americans, a car represents the most significant purchase after their family home.

Responding to a data breach?

You suspect that your business experienced a data breach. Maybe an employee lost a laptop, or a hacker got into your customer database, or information was inadvertently posted on your website. Whatever happened, you’re probably wondering what to do next. 

FTC to glue company: Stick to established Made in USA principles

The phrase is only nine letters long, but for many consumers, it makes the difference between a product in the shopping basket and one left on the shelf. It’s “Made in USA” and the FTC just announced a settlement of its lawsuit against Chemence, Inc., for misleading Made in USA claims. If your company makes similar representations, is it time for a compliance check?

Trucking firms tricked – and it wasn’t a Halloween prank

With only two weeks until Halloween, people are starting to think about their costumes. A pirate, a witch, a Jedi knight – or an enforcement official from the U.S. Department of Transportation? According to an FTC lawsuit, that’s the disguise a Florida-based operation used to take in more than $19 million from small businesses.

New Identity Theft Report helps you spot ID theft

Do you ever hear from customers or employees who want you to know that they’ve been affected by identity theft? If so, you’ll probably start seeing them use the new FTC Identity Theft Report. It tells you that someone important to your business is a crime victim, has alerted law enforcement, and is working to resolve the financial and emotional disruption that identity theft causes.

Drone privacy discussion goes aloft

They’re overhead, on consumers’ minds, and under consideration this afternoon at the latest installment of the FTC’s Fall Technology Series. The topic is drones and experts on drone technology are gathering at the FTC right now to talk over the implications for consumer privacy. The event, which is free and open to the public, takes flight at 1:00 ET at the FTC’s Constitution Center conference facility, 400 7th Street, S.W., in Washington.

Abating bait-and-switch buyback tactic for devices

It’s a digital spin on an old-school business: an online service that offers to pay “top dollar” for consumers’ used smartphones, laptops, or tablets. The technology may be trending, but according to the FTC and the State of Georgia, Nevada-based Laptop & Desktop Repair engaged in a classic 20th century bait-and-switch – and bilked consumers out of millions in the process.

When flexibility isn’t a virtue: Tips from the Supple case

As consumers age, they want to remain supple, as in limber, lithe, and flexible. Ads for the beverage Supple claimed the product would provide complete and long-lasting relief from joint pain and treat chronic pain caused by arthritis and fibromyalgia. But according to the FTC, the marketers of Supple were a little too flexible – with the facts, that is. The FTC’s lawsuit also challenges the independence of the doctor who endorsed the product.

Record $1.3 billion ruling against Scott Tucker and others behind AMG payday lending

The FTC’s lawsuit against AMG Services, Scott Tucker, and others challenged deceptive and unfair payday lending and debt collection practices that targeted cash-strapped consumers. The case has already resulted in an important ruling related to the scope of the FTC Act. But an order granting the FTC’s Motion for Summary Judgment includes a history-making provision: a $1.3 billion financial remedy – the largest ever in a litigated FTC case.

Deal or no deal? FTC challenges yo-yo financing tactics

Not many kids play with yo-yos these days, but an FTC complaint against nine related Los Angeles-area car dealers charges that the companies engaged in (among other things) illegal yo-yo financing practices – and for affected consumers, it was no game. Even if you don’t have clients in the auto industry, this case merits your attention.

Drone technology: Does it deliver privacy?

Delivery by drone? We thought the Jetsons’ personal jetpack was the height of futuristic fantasy, but drone technology is bringing benefits like that closer to reality. But what about the consumer protection implications, especially when it comes to privacy? That’s on the agenda at the second installment of the FTC’s Fall Technology Series on drones on October 13, 2016.