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Blogs >> false claims

The United States Department of Justice (DoJ) has announced that McKesson Corporation (McKesson) has agreed to pay US$18 million to resolve allegations that the San Francisco-based pharmaceutical distributor "knowingly submitted false claims to [the Centers for Disease Control and Prevention (CDC)] for shipping and handling services that did not satisfy its contractual obligations".

The United States Department of Justice (DoJ) has announced that RE/MAX Allegiance Relocation Services (RE/MAX) has agreed to pay US$509,000 to settle allegations that it breached the False Claims Act by overcharging the government under "contracts to transport [the] personal property of federal employees relocating duty stations within [the US] and between [the US] and Canada".

Published in Government Contracting

The Federal Court of Australia (FCA) has handed down its decision in Australian Securities and Investments Commission v GE Capital Finance Australia, in the matter of GE Capital Finance Australia [2014] FCA 701 (1 July 2014). According to the Australian Securities and Investments Commission (ASIC), the FCA has fined consumer credit provider GE Capital Finance Australia (GE Money) A$1.5 million for "making false or misleading representations to more than 700,000 of its credit card customers".

Published in Consumer Protection

The United States Federal Trade Commission (FTC) has announced that cosmetics company L'Oréal USA (the Company) has agreed (undated) to settle charges (undated) that it "made false and unsubstantiated claims that a number of its products provided anti-aging benefits by targeting users' genes".

Published in Consumer Protection

Penalties for Honey Misrepresentation

26 Jun 2014
Written by World Watch

The Australian Competition and Consumer Commission (ACCC) has announced that Basfoods (Aust) Pty Ltd (Basfoods) has paid A$30,600 in penalties following the ACCC's issuance of three infringement notices to Basfoods for false or misleading representations relating to its "Victoria Honey" product.

Published in Consumer Protection

The United States Federal Trade Commission (FTC) has announced that it has reached a settlement (9 June 2014) with Advert Marketing Inc and its operators Scott Dalrymple and Robert Wence that resolves FTC charges alleging that the defendants sent millions of unwanted text messages to consumers in the US.

Published in Consumer Protection

The Australian Competition and Consumer Commission (ACCC) has announced that the Federal Court of Australia has fined Titan Marketing A$750,000 for conduct in its door-to-door sale of first aid kits and water filters to certain vulnerable Indigenous Australian and other consumers.

Published in Consumer Protection

The United States Commodity Futures Trading Commission (CFTC) has announced that the US District Court has ordered (9 June 2014) New York City-based commodity pool operator SK Madison Commodities and its principals Michael Seward and Yan Kaziyev to pay restitution and fines totaling more than US$3.5 million and permanently banning them from the industry.

Published in Financial Integrity

Supplement Marketers Reminded to Check Claims

12 Jun 2014
Written by World Watch

The United States Federal Trade Commission (FTC) has made available a proposed settlement agreement (9 June 2014), which requires supplement marketers i-Health, Inc and Martek Biosciences Corporation to desist from claiming that certain products prevent cognitive decline or improve memory unless those claims are truthful or supported by human clinical testing.

Published in Consumer Protection

The Australian Competition and Consumer Commission (ACCC) has announced that Disbury Holdings Pty Ltd, trading as Gotta Getta Group (GGG), has paid A$20,400 in penalties after the ACCC issued two infringement notices. The notices were issued because the ACCC had reasonable grounds to believe that two advertisements for GGG's solar systems, published in 2013, contained false or misleading representations.

Published in Consumer Protection
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