CATrends: Fake Discounts on Fitness Products
When the sale price is the regular price.
Gordon et al. v. Block, Inc. and Cash App Investing, LLC
22-cv-6787, N.D. Cal.
(Nov. 2022)
Cash App
(a finance app that allows users to transfer money and purchase stocks and Bitcoin)
Misrepresenting that it protects and safeguards consumers’ personal information when such claims are not true and there was a data breach
Pending
When the sale price is the regular price.
Software maker will pay a $75 million fine and provide “affected consumers” with free services.
Order puts platforms like Amazon and Walmart on notice.
Advertised “best deal ever” comes with some caveats.
Cecilia D’Anastasio, Bloomberg