CATrends: Fake Discounts on Fitness Products
When the sale price is the regular price.
Hammonds et al. v. Robinhood Markets, Inc.
24-cv-8321, N.D. Cal.
(Nov. 2024)
Robinhood
(a company that offers stock trading and investment services)
Misrepresenting that it protects consumers’ personal information when it failed to do so and there was a data breach in 2024
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