House lawmakers introduced a bill on Thursday that would force banks holding federally backed mortgages to negotiate loan modifications with homeowners, impose a three-year delay on foreclosures and empower federal courts to adjust mortgage balances.
A California federal judge on Wednesday dismissed a proposed nationwide class action accusing Discount Tire of charging customers for the disposal of their old tires without telling them up front, though an attorney for the plaintiff vowed to appeal the decision.
Banking and real estate industry trade groups urged the Consumer Financial Protection Bureau on Friday to structure a new rule aimed at protecting consumers against risky mortgages as a “safe harbor” that would curb risks of "groundless" lawsuits against lenders.
Lowe's HIW Inc. agreed Thursday to pay up to $2.9 million to settle three class actions alleging the home improvement retailer illegally collected California customers' ZIP codes during credit card transactions — marking the second such settlement by a major retailer this month.
The U.S. Food and Drug Administration has fired off a violation notice to The Medicines Co. over allegedly misleading promotional materials for blood thinner Angiomax, according to a notice posted this week on the agency's website.
National Casualty Co. said Wednesday that it doesn't have to help Citizens Insurance Co. of America pay the defense costs of 5-Hour Energy drinks' manufacturer in false advertising and trade libel litigation, arguing that its policy excludes advertising injury coverage.
A federal judge on Thursday threw out a California woman’s proposed class action against General Nutrition Corp. that alleged the company illegally requested customers’ ZIP codes during credit card transactions, saying she can’t sue because she used a debit card for her purchase.
Legislation protecting employees' and prospective employees' social media profiles on sites like Facebook and Twitter from prying bosses appeared poised to cruise through New York's legislature Friday as a top Senate Republican took up the cause first espoused by minority Democrats.
A California federal judge charged Thursday that there were signs of collusion in a proposed $12 million class settlement in another court resolving false advertising claims against homeopathic medicine giant Boiron Inc., but stayed a similar suit in order to avoid the specter of conflicting rulings.
Senior management at Pacific Gas & Electric Co. condoned or approved a former employee's lies about his identity and infiltration of online discussion groups to discredit the views of SmartMeter opponents, according to a finding the California Public Utilities Commission released Wednesday.
The U.S. House of Representatives on Thursday passed a controversial cybersecurity bill aimed at encouraging the government and private companies to share information on cyberthreats, sending it to the U.S. Senate one day after the White House threatened to veto it.
A Federal Trade Commission official on Thursday urged the mobile payments industry to ramp up efforts to enhance data security and privacy, rebutting suggestions from industry members that mobile payments are inherently more secure than traditional payment methods.
A California congressman on Thursday urged the U.S. Department of Health and Human Services to open an investigation into allegedly abusive and illegal health care billing and debt collection practices at Accretive Health Inc., saying the company could be violating federal privacy laws.
A Pennsylvania iTunes user slammed Apple Inc. with a breach of contract class action in California state court last week, claiming the Silicon Valley giant violated its own user agreement by double-charging millions of consumers for songs they purchased on its online music service.
Google Inc. sought Thursday to reassure users about the privacy of files stored on the cloud storage service Drive after this week's launch was greeted with fears over how the online giant might use the data.
A Federal Trade Commission director said Thursday that the agency would steer away from applying current consumer protection regulations to the emerging world of mobile payments, echoing industry calls to allow this technology to grow organically.
The Wisconsin Department of Justice has created a new unit dedicated to consumer protection and antitrust issues to target unfair and deceptive business practices, the state agency announced Thursday.
New York’s highest court ruled Thursday that prosecutors can use wiretap evidence in certain cases even if they have violated New York state law requiring them to notify parties named in a surveillance warrant within 90 days of its expiration.
A California federal judge Thursday refused for a second time to certify a class of consumers seeking damages for allegedly misleading labels on Kraft Foods Inc. products, saying calculating damages would be unmanageable, but allowed the plaintiffs to seek an injunction blocking the misleading labels.
Under pressure from American Express Co. and other gift card companies, New Jersey's treasurer on Thursday accused the industry of “mind-boggling” spin over a law transferring unused gift card balances to the state, which he argued protects consumers.