Legal & Regulatory
Two Giant Debt Collectors Ordered to Refund a Collected $61million to Consumers
Encore Capital Group and Portfolio Recovery Associates are ordered to refund a collected $61 million to customers for allegedly using deceptive strategies to collect debt. CNN reported that the Consumer Financial Protection Bureau charged these two giant debt collectors for buying inaccurate debts, collecting unverified debts, and using illegal strategies to collect debts.
Jessica Alba's Honest Company Faces Lawsuit for Allegedly being "Dishonest" on its "Natural" Products
Jessica Alba's non-toxic household and beauty products business, The Honest Company, is being sued for "dishonesty." Jonathan Rubin filed a class action suit in the federal court of California against Alba's company for allegedly making false claims that their products are "natural." He also said some of the products weren't effective. Some of the products the lawsuit targeted included dish soaps, surface cleaners, nappies, and the company's sunscreen. Rubin claims that some of those products have synthetic chemicals, making them not "natural" as reported by International Business Times.
Ex-Sony Pictures employees filed a class action lawsuit settlement over "The Interview" hacking
Ex-Sony Pictures Entertainment employees filed a proposed class action lawsuit on Wednesday regarding the breach of records with the entertainment company in U.S. District Court in Los Angeles.
Rolls-Royce dragged into Brazil's corruption scandal, accused of giving kickbacks to authorities investigating Petrobras
British engineering crown jewel Rolls-Royce is dragged into the giant Brazilian scandal, as it has been accused of giving kickbacks to officials involved in the state-owned oil giant Petrobras.