Adobe Settles DOJ Lawsuit over Deceptive Subscription Practices
Software maker will pay a $75 million fine and provide “affected consumers” with free services.
Robertson et al. v. Mark Cuban and Dallas Basketball Limited d/b/a Dallas Mavericks
22-cv-22538, S.D. Fla.
(Aug. 2022)
Voyager Digital, a cryptocurrency trading and brokerage platform
Falsely marketing the platform as “100% Commission-Free”
Falsely representing that Voyager Digital is insured by the FDIC
Failing to disclose the nature, scope, and amount of compensation that celebrities – including Mark Cuban – received in exchange for promoting Voyager Digital
Pending
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
Before paying a company for something, know all your options.