The Federal Trade Commission has settled claims against Oracle that it deceived consumers about security updates to Oracle’s Java Platform, Standard Edition software (Java SE). Java SE, which is used for interactive web browsing, is installed on more than 850 million personal computers.
In its complaint, the FTC alleged that Oracle has known of
On December 16, the Consumer Financial Protection Bureau released a consent order with EZCORP, Inc., ordering the small-dollar lender and its wholly-owned subsidiaries to refund $7.5 million to 93,000 consumers and pay $3 million in penalties for illegal debt collection practices.
EZCORP, a financial services company headquartered in Austin, Texas, provides high-cost, short-term, unsecured loans,
The Supreme Court’s latest arbitration decision is but the latest in a long line of decisions enforcing the strong federal policy enforcing arbitration clauses in consumer contracts. In DirecTV v. Imburgia, a 6-3 decision, Justice Breyer held that the Federal Arbitration Act preempts state laws, in this instance California’s, that invalidate arbitration clauses if
The Consumer Financial Protection Bureau has taken action against CarHop, one of the country’s biggest “buy-here, pay-here” auto dealers, and its affiliated financing company, Universal Acceptance Corporation, for providing “damaging, inaccurate consumer information to credit reporting companies.” The CFPB found that CarHop and Universal Acceptance Corporation violated the Fair Credit Reporting Act and the Consumer
A multinational consumer health care products company and its staffing agency are the latest companies to be hit with a putative class action accusing them of violating the Fair Credit Reporting Act. Plaintiff T. Jason Noye alleges that the company and staffing agency violated the FCRA by rescinding his job offer based on a criminal
In the wake of terrorist shootings in San Bernardino, California, a bipartisan pair of U.S. senators urged President Obama to include a review of social media in background screenings of refugees and visa applicants.
“In an era where a growing number of communications takes place on Internet platforms, it would be foolish to ignore this
On December 17, the Consumer Financial Protection Bureau took action against two major lead aggregators – D and D Marketing, Inc. d/b/a T3 Leads (“T3 Leads”) and Eric V. Sancho d/b/a Lead Publisher (“Sancho”) – seeking monetary and injunctive relief for the alleged unfair and abusive trafficking of personal information.
Lead aggregators buy consumer information,
The Federal Trade Commission today announced that LifeLock has agreed to pay $100 million to settle charges that it had violated the terms of a 2010 order by the U.S. District Court for the District of Arizona, requiring LifeLock to secure customer data and change its advertising practices.
The FTC alleged, among other
On December 16, the Consumer Financial Protection Bureau sent warning letters to 17 colleges directing them to improve disclosure of school-sponsored credit card agreements, based on deficiencies identified in a recent agency investigation. According to the CFPB, more than 10 million college students attend a school that has made a deal with a financial institution
As a result of a November 14 cyber attack on VTech’s Learning Lodge app store, approximately 6.4 million child profiles were exposed in addition to approximately 4.9 million parent accounts. VTech is a retail toy maker that manufactures and sells traditional toys and “smart toys,” such as electronic learning tools with computer capabilities