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Credit and Finance

Business News
Regional

Amalgam Rx Secures $20 Million Investment to Advance Medical-Grade AI Platform

August 18, 2025August 16, 2025 - by Timothy Alexander

WILMINGTON, DE — Amalgam Rx, Inc. has secured a $20 million credit investment from Catalio Capital Management, a healthcare-focused investment firm, to accelerate the growth and deployment of its Medical-Grade …

Amalgam Rx Secures $20 Million Investment to Advance Medical-Grade AI Platform Read More

Innovative Solutions & Support, Inc.
Finance

Innovative Solutions & Support Secures $100M Credit Facility to Fuel Growth

July 28, 2025July 26, 2025 - by Timothy Alexander

EXTON, PA — Innovative Solutions & Support, Inc. (NASDAQ: ISSC) has entered a new five-year, $100 million credit agreement arranged by JPMorgan Chase Bank, marking a significant increase in financial flexibility …

Innovative Solutions & Support Secures $100M Credit Facility to Fuel Growth Read More
Funds
National

FTC Sends $2.9 Million in Refunds to Homeowners Deceived by Ygrene Energy Fund

July 13, 2025July 13, 2025 - by Maryann Pugh

WASHINGTON, D.C. — The Federal Trade Commission (FTC) announced it is distributing more than $2.9 million to consumers misled by Ygrene Energy Fund, a home-improvement financing company accused of deceptive …

FTC Sends $2.9 Million in Refunds to Homeowners Deceived by Ygrene Energy Fund Read More

Federal Trade Commission
National

FTC Shuts Down Fraudsters Threatening Jail for Fake Debts!

May 4, 2025May 4, 2025 - by Maryann Pugh

WASHINGTON, D.C. — The Federal Trade Commission (FTC) has announced decisive action against Global Circulation, Inc. (GCI) and its owner, Kenneth Redon III, over allegations of widespread fraudulent debt collection …

FTC Shuts Down Fraudsters Threatening Jail for Fake Debts! Read More
Federal Trade Commission
National / Small Business

FTC Takes Action to Shield Small Business Owners from $37M Scam by Seek Capital

March 9, 2025March 9, 2025 - by Maryann Pugh

WASHINGTON, D.C. — A federal court has issued a preliminary injunction against Seek Capital and its founder and CEO, Roy Ferman, after allegations of deceptive practices targeting small business owners. …

FTC Takes Action to Shield Small Business Owners from $37M Scam by Seek Capital Read More

Federal Trade Commission
National

FTC Shuts Down Fraudulent Debt Scheme Preying on Consumers with Fake Threats

March 9, 2025March 9, 2025 - by Maryann Pugh

WASHINGTON, D.C. — A federal court has taken decisive action to shut down a phantom debt collection scheme, freezing its assets and temporarily halting operations following a lawsuit filed by …

FTC Shuts Down Fraudulent Debt Scheme Preying on Consumers with Fake Threats Read More
Department of Justice
National

DOJ Files Amended Complaint Against Dave Inc. and CEO Over Deceptive Practices

January 5, 2025January 4, 2025 - by Maryann Pugh

WASHINGTON, D.C. — The Federal Trade Commission (FTC) has escalated its legal action against online cash advance firm Dave Inc., referring the case to the U.S. Department of Justice (DOJ). The …

DOJ Files Amended Complaint Against Dave Inc. and CEO Over Deceptive Practices Read More

Judge
National

ICYMI: Federal Court Orders Harris Jewelry to Reopen Claims Process for Refunds

December 1, 2024December 1, 2024 - by Maryann Pugh

WASHINGTON, D.C. — A federal court has ruled that Harris Jewelry must reopen its claims process and notify eligible consumers, primarily active duty servicemembers, to resubmit claims for refunds. This decision …

ICYMI: Federal Court Orders Harris Jewelry to Reopen Claims Process for Refunds Read More
Federal Trade Commission
National

FTC Takes Action Against Cash Advance App Dave for Misleading Practices

November 10, 2024November 10, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Federal Trade Commission (FTC) has initiated legal proceedings against Dave, an online cash advance service, for allegedly engaging in deceptive marketing practices and imposing unauthorized charges on …

FTC Takes Action Against Cash Advance App Dave for Misleading Practices Read More
Money, funds, American banknotes
National

FTC Distributes $2.5 Million in Refunds to Consumers Misled by Credit Karma

November 5, 2024November 4, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Federal Trade Commission (FTC) has distributed more than $2.5 million to consumers misled by the credit services company Credit Karma. The decision follows an enforcement action …

FTC Distributes $2.5 Million in Refunds to Consumers Misled by Credit Karma Read More

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Recommended Reading

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Perry County Man Convicted of Decades of Child Abuse in Gruesome Case

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