FTX and MLB
Allegations: Misleading consumers by making them think cryptocurrency assets on FTX were safe and failing to disclose how invested funds would be used and that Major League Baseball was compensated…
September 2018: The appeal was voluntarily dismissed.
June 2018: The named plaintiff filed a Notice of Appeal regarding the order compelling arbitration.
May 2018: The Court granted defendant’s motion to compel arbitration.
February 2018: A class-action lawsuit was filed against MLB.com for allegedly misleadingly advertising a full-year subscription to MLB Prime for an introductory price of $79.99 when, according to plaintiffs, consumers are billed more than the advertised price for a full year of MLB Prime. Specifically, the named plaintiff alleges that she subscribed to MLB Prime in July 2016 and was billed again in March 2017 to renew her subscription. (Perry et al v. MLB Advanced Media, L.P. dba MLB.com, Case No. 18-cv-1548, C.D. Cal.)
For more of TINA.org’s coverage of the marketing of automatic renewals, click here.
Allegations: Misleading consumers by making them think cryptocurrency assets on FTX were safe and failing to disclose how invested funds would be used and that Major League Baseball was compensated…
Sometimes you just can’t watch the Mets in Roswell, New Mexico.