Chester County News and Community Website
WASHINGTON, D.C. — The Federal Trade Commission (FTC) has reached a combined $145 million settlement with Assurance IQ, LLC and MediaAlpha, Inc., resolving allegations that the companies misled millions of …
FTC Secures $145 Million Settlement Over Alleged Health Insurance Deception by Assurance IQ and MediaAlpha Read More
WASHINGTON, D.C. — The Federal Trade Commission (FTC) is sounding the alarm over a sharp rise in high-dollar losses among older Americans to sophisticated impersonation scams, with reported losses more …
FTC Warns of Surge in High-Dollar Scams Targeting Older Adults Read More
WASHINGTON, D.C. — The Federal Trade Commission (FTC) has filed a complaint to stop Edwards Lifesciences Corp. from acquiring JenaValve Technology, Inc., citing fears the deal would significantly reduce competition …
FTC Moves to Block Edwards Lifesciences’ $945 Million Acquisition of JenaValve Over Competition Concerns Read More
WASHINGTON, D.C. — The Federal Trade Commission is distributing $743,230 in refunds to 6,269 student loan borrowers defrauded by a debt relief scheme that falsely promised loan forgiveness and misappropriated …
FTC Sends $743,000 in Refunds to Victims of Student Loan Debt Relief Scam Read More
WASHINGTON, D.C. — A federal crackdown on deceptive online business ventures has resulted in a permanent ban and asset forfeiture for the operator of a fraudulent e-commerce scheme that exploited …
FTC Shuts Down Online Storefront Scheme, Secures Ban and Asset Forfeiture in $15 Million Fraud Case Read More
WASHINGTON, D.C. — The Federal Trade Commission is issuing more than $356,000 in refunds to thousands of consumers defrauded by a deceptive student loan relief operation that falsely promised loan …
FTC Sends $356K in Refunds to Victims of Fake Student Loan Forgiveness Scheme Read More WASHINGTON, D.C. — A federal court has halted a nationwide debt relief operation accused of defrauding older Americans and veterans out of tens of millions of dollars through deceptive practices, …
FTC Shuts Down $100 Million Debt Relief Scam Targeting Seniors and Veterans Read More
WASHINGTON, D.C. — U.S. Senator John Fetterman (D-PA) has once again thrown his support behind a legislative effort aimed at curbing corporate profiteering in times of economic disruption. Last week, …
Fetterman Targets Corporate Greed in New Price Gouging Crackdown Bill Read More
WASHINGTON, D.C. — The Federal Trade Commission has reversed its prior restrictions on Chevron Corporation’s acquisition of Hess Corporation, officially setting aside a final consent order that had blocked Hess …
FTC Drops Restrictions on Chevron-Hess Merger, Citing Flawed Antitrust Claims Read More
WASHINGTON, D.C. — The Federal Trade Commission announced Thursday that it has set aside its final consent order restricting Exxon Mobil Corporation’s acquisition of Pioneer Natural Resources, citing serious deficiencies …
FTC Reverses Course, Drops Restrictions on Exxon-Pioneer Deal Amid Antitrust Doubts Read More