Archive for the ‘CONSUMER FRAUD’ Category

What does the Dodd-Frank Act do for consumers? For the first time in over twenty years, Congress made more changes in consumer protection laws by enacting the Dodd-Frank Act.  Publ. L. No. 111-203, 124 Stat. 1376 (2010).    The Dodd Frank Act was signed into law on July 21, 2010.  The Dodd Frank Act includes consumer protection [...]

Capital One announced it will cut over 200 jobs at its Tigard, Oregon call center.  The layoff will affect collection employees.  This is the second time in 2012 that Capital One has announced job cuts at the call center.  Capital One’s employees were told they could interview for job openings with the fraud department, according to a [...]

FTC Publishes Guide to Help Mobile App Developers Observe Truth-in-Advertising, Privacy Principles The Federal Trade Commission has published a guide to help mobile application developers observe truth-in-advertising and basic privacy principles when marketing new mobile apps.  The FTC’s new publication, “Marketing Your Mobile App:  Get It Right from the Start,” notes that there are general [...]

Our law firm represents victims of consumer fraud.  Consumer fraud is a major problem and costs consumers billions of dollars every year.  The Federal Trade Commission is a government agency and is responsible for the prevention of fraudulent, deceptive, or unfair business practices and to consumers with information about their rights.  Here is the FTC’s most [...]

Yesterday, the Consumer Financial Protection Bureau (CFPB) issued the following press release: CFPB PROPOSES PROCEDURAL RULE ON SUPERVISING NONBANKS THAT POSE RISKS TO CONSUMERS WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) today is proposing a rule that would set up procedures to supervise nonbanks that may have engaged in activities that pose risks to consumers. [...]

Micah Adkins has been named as one of the top consumer lawyers.  The peer review study surveyed more than 4,000 members of the Birmingham Bar Association for nominations for Birmingham’s top lawyers.  This is the third year for the peer review study and included 29 different practice areas.  The votes were reviewed by the Birmingham Bar [...]

Former Nortel CEO Frank Dunn, now being tried for fraud, was among several senior company managers who were aware of a long-standing data breach into Nortel’s computers systems, but chose to do nothing. According to reports in the Wall Street Journal, former Nortel employee Brian Shields led an investigation and discovered the breach, but was [...]

Tens years ago, it was hard to find more than 2 or 3 stories a week on identity theft.  Today, I see 2-3 new identity theft stories every hour!  Here are some of the stories I read about identity theft from around the country this past week. Preventing Identity Theft Without Paying Monthly Fees New York [...]

According to Alice Hines (Huffington Post), cash-strapped Super Bowl fans went to Rent-A-Center, America’s largest “rent-to-own” retailer, to purchase what looked like a good deal on a LG 60″ HD TV.  The TV was advertised during the Super Bowl pre-game show for $29.99 a week and featured one of my personal favorite athletes, Troy Aikman.  Purchasers did not have to make a down [...]

The $25 billion mortgage foreclosure settlement with Bank of America, Wells Fargo, Chase and Ally Financial does not preclude criminal charges or civil lawsuits.  The Los Angeles Times  (2/10, Popper, Reckard) reports the banks “previously made changes to improve the way they foreclose on homeowners,” and, “until recently, analysts thought this might put to rest [...]