May 13, 2007 |
Freedom's just another word for $12.95 a month. The jingle advertising freecreditreport.com is hard to get out of your head if you hear it too many times on late-night cable, hammering home the freeness of it all. And the first word on the site itself is -- you guessed it -- "FREE." But the free comes with an asterisk. You are indeed entitled, by law, to three personal credit reports a year, one from each of the national credit bureaus, at no charge. The freecreditreport.
May 12, 2007 |
The maker of Splenda settled a lawsuit over its disputed advertising slogan -- "Made from sugar so it tastes like sugar" -- after a jury reached a verdict against the market-leading artificial sweetener. Terms weren't disclosed. Merisant Co., which makes rival Equal, had accused the maker of Splenda of confusing consumers into thinking its product was more healthful and natural than other artificial sweeteners.
May 11, 2007 |
The maker of the painkiller OxyContin and three of the company's top current and former executives will pay $634.5 million in fines after pleading guilty Thursday to charges that they misled the public about the drug. A Justice Department spokeswoman said it was one of the largest financial penalties ever assessed against a drug maker. Stamford, Conn.
May 9, 2007 |
A brokerage industry regulator said Tuesday that it had fined two Fidelity Investments broker-dealer units a total of $400,000 for allegedly misleading U.S. military personnel in sales literature promoting two mutual funds. The NASD said the alleged violations took place from January 2003 to January 2006 and concerned Fidelity's Destiny I and II funds.
April 6, 2007 |
Everything including the kitchen sink was stripped from a rental home in Tacoma after an Internet classified ad invited people to take whatever they wanted for free. The landlord says the ad, posted last weekend on the Craigslist website, was fake. Laurie Raye said she had cleaned out the rental after evicting a tenant. After the ad appeared, the property was stripped of the sink, light fixtures and even the front door.
March 23, 2007 |
The Federal Trade Commission filed deceptive practices and contempt charges against individuals and firms running a "mystery shopping" operation. In "Mystery Shop Link" advertisements, consumers were told that if they paid $99.95 for training and certification, they could access ample job postings through the company and earn a steady income.
CALIFORNIA | LOCAL
January 26, 2007 |
About half of the most aggressively marketed children's food with pictures or names of fruit on the packaging contains no fruit at all, according to a report to be released today at the 2007 California Childhood Obesity Conference in Anaheim. Some of the least fruity products were cereal and yogurt, said lead author Leslie Mikkelsen, a dietitian for Prevention Institute, an Oakland-based nonprofit that promotes community-based health and safety programs.
January 5, 2007 |
The Federal Trade Commission on Thursday fined the marketers of four weight-loss pills $25 million for making false advertising claims including rapid weight loss and cancer prevention. FTC Chairwoman Deborah Platt Majoras said that the products would remain on store shelves, but that the companies would have to stop making the false claims. "What we challenge is the marketing of the claims," she said.
December 12, 2006 |
Two companies will pay a combined $14.5 million to settle allegations they tricked residents of California and 16 other states into paying for programs that claimed to offer discounts on automotive service and home repair, Pennsylvania Atty. Gen. Tom Corbett said Monday. Chase Bank USA, a unit of New York-based JPMorgan Chase & Co., and Trilegiant Corp.
December 11, 2006 |
FORGET penicillin. The Revigator was the real medical breakthrough of the 20th century. It cured diabetes, high blood pressure, arthritis, "inflammation of the uterus" and many other maladies. Or so the ads claimed. The Revigator, a water jug lined with radium, is no longer available in stores. Somewhere around 1930, the general public lost interest in a product that made their lemonade and coffee dangerously radioactive. These days, few people -- we hope!