
CATrends: Celebrities Deceptively Promoting Cryptoassets
A-listers face lawsuits over promotions of risky and unregulated investments.
Heard et al. v. First Community Credit Union
21-cv-3690, S.D. Tex.
(Nov. 2021)
Checking accounts
Misrepresenting when consumers will be charged overdraft fees
Misleadingly representing the nature of the overdraft program
Voluntarily dismissed When a complaint is dismissed without prejudice, an amended version of the complaint can be refiled.
A-listers face lawsuits over promotions of risky and unregulated investments.
Complaints against additional distributors who hosted COVID webinars may be forthcoming.
TINA.org files comment in support of applying rule to direct selling industry.
Even celebs have FOMO
Don’t Be Like Mike and get an FDA/FTC warning letter regarding COVID claims.