How Ethos Sold Wall Street on AI While Powering an Analog Boiler Room
Jenny Ahn, Michelle Cera, Ruth Reader, Hunterbrook
February 2015: This action was voluntarily dismissed When a complaint is dismissed with prejudice, it cannot be refiled. because the parties reached a settlement agreement. The terms of the settlement have not been disclosed.
September 2013: A class-action lawsuit against Advance America was filed for allegedly deceptively advertising its payday loans. Among other things, the complaint alleges that the company deceives consumers in promotional materials by representing that the 350% APR “doesn’t matter” and it is not the appropriate measure of how much customers will pay. (Zieger et al. v. Advance America, Cash Advance Centers, Inc. d/b/a Advance America, NCAS of Delaware, LLC d/b/a Advance America, Case No. 13-cv-01614, D. DE.).
Jenny Ahn, Michelle Cera, Ruth Reader, Hunterbrook
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TINA.org and other consumer advocates file comment with FTC.
New book explores why MLMs are often associated with harmful outcomes – and what can be done about it.