CATrends: Fake Discounts on Fitness Products
When the sale price is the regular price.
Stanley et al. v. Activehours, Inc. d/b/a Earnin
19-cv-5543, N.D. Cal.
(Sept. 2019)
Earnin app-based payday lending services
Misleadingly marketing that users can get immediate access to earnings “with no loans, fees, or hidden costs” when they are charged undisclosed fees
Settled
(Final approval granted)
http://www.perksearninsettlement.com/
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