SEC Sues OnPassive Alleging It’s a Pyramid Scheme
Lawsuit claims company defrauded over 800,000 investors of more than $108 million.
Symantec Norton Insurance
In March 2014, a federal judge granted the plaintiffs’ motion for class certification in a lawsuit against Symantec Corp. The complaint, which was originally filed in 2011, alleges that, among other things, Symantec misrepresented that consumers needed to purchase the “Norton Download Insurance” in order to re-download Norton products for up to one-year after the initial purchase, when in reality, the insurance was not necessary to re-download the Norton products during the license period. (Khoday et al v. Symantec Corp. and Digital River, Inc., Case No. 11-cv-00180, D. MN.).
For more information about other class action lawsuits filed against Symantec and TINA.org’s coverage of the company, click here.
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