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Legal News Articles - Consumer Fraud

Counterfeit Duracell Batteries Purchased on Walmart.com

Counterfeit Duracell Batteries Purchased on Walmart.com February 3, 2016. By LAS Staff Writer.
Los Angeles, CA (February 2, 2016) (Press Release): Walmart® (WMT) has a significant advantage in marketing its goods through global name recognition and consumer perceived credibility. Consumers place their confidence in, and rely on the global giant’s credibility, especially when the retailer is an authorized retailer of a particular product. But, sometimes that confidence may be misplaced.
Read [ Counterfeit Duracell Batteries Purchased on Walmart.com ]

Automatic Renewals Are a Runaway Freight Train, but Lawsuits Are Fighting Back

Automatic Renewals Are a Runaway Freight Train, but Lawsuits Are Fighting Back January 30, 2016. By Gordon Gibb.
Sacramento, CA: The passage of California’s automatic-renewal law in 2010 and the rise in class-action lawsuits that have resulted is indicative of a transition by an increasing number of retailers and service providers to a model that was once the bastion of the magazine industry. And while service providers appear to finally be getting the message that terms need to be communicated to the consumer in a clear and conspicuous manner, more and more consumers are turning to the courts and filing a California Auto-Renewal Lawsuit after getting dinged with charges of which they were unaware of or never agreed to, or so it is alleged.
Read [ Automatic Renewals Are a Runaway Freight Train, but Lawsuits Are Fighting Back ]

Report: Banks Make $6 Billion Off of Fees

Report: Banks Make $6 Billion Off of Fees January 23, 2016. By Heidi Turner.
New York, NY: Even if you think banks make huge profits off the various fees they charge their customers - including overdraft fees - you might still be surprised to learn just how much money the banks make. According to CNNMoney and SNL Financial, the three largest banks earned more than $6 billion in 2015 just from their ATM and overdraft fees. That’s despite new laws that regulate how and when banks can charge overdraft fees.
Read [ Report: Banks Make $6 Billion Off of Fees ]

Frontline Investigates Herbal Supplement Industry

Frontline Investigates Herbal Supplement Industry January 22, 2016. By Heidi Turner.
New York, NY: A Frontline documentary exploring the Herbal Supplement industry suggests herbal supplements may not contain the ingredients consumers think they’re buying. The documentary, which aired on PBS on January 19, is the latest in a string of investigations into how herbal supplements are made and marketed, including lawsuits filed by New York Attorney General Eric Schneiderman and the Justice Department against various herbal supplement makers.
Read [ Frontline Investigates Herbal Supplement Industry ]

Auto-Renewal Lawsuits on the Rise

Auto-Renewal Lawsuits on the Rise January 17, 2016. By Gordon Gibb.
Los Angeles, CA: They are easily the bane of every consumer: the automatic or auto-renewal program. Originally intended in the most optimistic terms as a convenience for the consumer, reality has suggested otherwise with scores of consumers hit with charges for goods or services they didn’t want, had understood to be a one-time-only purchase, or were not properly informed of opt-out terms in a clear and concise manner. The problem has left many a consumer filing an Auto-Renewal Lawsuit.
Read [ Auto-Renewal Lawsuits on the Rise ]

Credit Union Excessive Fees Lawsuits Could Be “Tip of the Iceberg”

Credit Union Excessive Fees Lawsuits Could Be “Tip of the Iceberg” January 14, 2016. By Gordon Gibb.
Lakeland, FL Credit unions are increasingly coming under fire for excessive overdraft fees, in the same way that major banks have been taken to task for misdeeds such as reorganizing transactions to maximize fees. In October plaintiff Martha Towner filed a Credit Union Excessive Overdraft Fees lawsuit alleging 1st MidAmerica Credit Union charged overdraft fees improperly.
Read [ Credit Union Excessive Fees Lawsuits Could Be “Tip of the Iceberg” ]

Tommie Copper Settlement Announced, Other Lawsuits Pending

Tommie Copper Settlement Announced, Other Lawsuits Pending January 7, 2016. By Heidi Turner.
New York, NY: People dealing with chronic pain from arthritis might be tempted to believe a specialty clothing could help prevent severe pain and inflammation. But as Tommie Copper lawsuits suggest, wanting to believe something doesn’t make it true. Further, companies can’t prey on consumers by making up claims about the health benefits of their products without adequate science to back those claims up. As the FTC’s Tommie Copper false advertising lawsuit and settlement show, there are watchdogs to make sure companies can prove the claims they make.
Read [ Tommie Copper Settlement Announced, Other Lawsuits Pending ]

Healthcare Fraud Cost Pharmaceutical Almost $150 Million in Settlements

Healthcare Fraud Cost Pharmaceutical Almost $150 Million in Settlements January 6, 2016. By Gordon Gibb.
Los Angeles, CA: It was four days before Christmas when a major, multimillion-dollar settlement was announced in a California healthcare fraud whistleblower lawsuit involving alleged kickbacks and other incentives to doctors in exchange for additional business.
Read [ Healthcare Fraud Cost Pharmaceutical Almost $150 Million in Settlements ]

FDA Reclassifies Transvaginal Mesh As High Risk Medical Device

FDA Reclassifies Transvaginal Mesh As High Risk Medical Device January 4, 2016. By Lucy Campbell.
Santa Clara, CA: Manufacturers of transvaginal mesh have been issued with final orders from the US Food and Drug Administration (FDA) that strengthen the data requirements for surgical mesh to repair pelvic organ prolapse (POP) transvaginally, or through the vagina. Hundreds of lawsuits have been filed against the manufacturers of these devices alleging mesh erosion, infection, pelvic pain and urinary problems.
Read [ FDA Reclassifies Transvaginal Mesh As High Risk Medical Device ]

US Bank Hoping to Recoup Portion of $55 Million Settlement from Insurers

US Bank Hoping to Recoup Portion of $55 Million Settlement from Insurers December 29, 2015. By Gordon Gibb.
St. Paul, MN: An excessive bank overdraft fees lawsuit and resulting settlement has been embroiled in an extended legal conflict not between the defendant bank and its customers, but rather an ongoing dispute between US Bancorp (US Bank NA, US Bank) and two of its insurers. The issue is how much of the $55 million settlement agreed to by US Bank would be paid by its insurers, if any.
Read [ US Bank Hoping to Recoup Portion of $55 Million Settlement from Insurers ]

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