SEC Sues OnPassive Alleging It’s a Pyramid Scheme
Lawsuit claims company defrauded over 800,000 investors of more than $108 million.
Vytorin Cholesterol Pill
Merck has agreed to settle two class-action lawsuits filed in 2008 against it and Schering-Plough Corp. (which Merck has since acquired) over its cholesterol medication Vytorin. The settlement is for a whopping $688 million. The two lawsuits were filed by shareholders of the companies and alleged, among other things, that the companies made false and misleading statements regarding the effectiveness and economic success of the drug in press releases and other public disclosures.
The Latest
FTC and State AGs Need to Take Their Relationship to the Next Level
TINA.org files comment concerning coordinated efforts to protect consumers.
TINA.org Raises Major Red Flags with Roblox Class-Action Settlement
How millions of kids will lose their rights to be properly refunded for their losses.
Taco Bell Sued to Get Stuffed
Lawsuit accuses fast-food chain of falsely advertising amount of ingredients in some of its offerings.
CoffeeBreakLoans.com
TikTok famous ‘loan’ company doesn’t actually loan money to anyone.