FTC Sends 21 Letters Warning Marketers to Stop Making Unsupported Claims That Their Products and Therapies Can Effectively Treat Coronavirus

The Federal Trade Commission announced it has sent 21 additional letters warning marketers throughout the United States to stop making unsubstantiated claims that their products and therapies can treat or prevent coronavirus (COVID-19). This is third set of warning letters the FTC has sent to sellers of such products as part of its ongoing efforts […]

FTC Chairman Releases 2019 Annual Highlights

Federal Trade Commission Chairman Joe Simons released a summary of the agency’s 2019 Annual Highlights today, calling attention to the Commission’s ongoing efforts to protect consumers and promote a competitive marketplace. The Highlights note that FTC actions have led to more than $232 million in refunds to consumers across the country, with $136 million sent directly […]

Peloton Interactive, Inc. Announces Third Quarter Fiscal 2020 Earnings Release Date, Conference Call and Webcast

NEW YORK, April 22, 2020 (GLOBE NEWSWIRE) — Peloton Interactive, Inc. (Nasdaq: PTON) will release its third quarter fiscal 2020 results after the U.S. stock market closes on Wednesday, May 6, 2020. The Company will also hold a conference call to discuss results at 5:00 p.m. (Eastern Time) that day. The U.S. toll free dial-in […]

Banker Webinar: How to Become a Paycheck Protection Program (PPP) Lender

FIL-49-2020 April 22, 2020 Banker Webinar: How to Become a Paycheck Protection Program (PPP) Lender Printable Format: FIL-49-2020 – PDF (PDF Help) Summary: The FDIC, the Board of Governors of the Federal Reserve, the Office of the Comptroller of the Currency, and the National Credit Union Administration (the agencies) will host a webinar for bankers […]

TSX Delisting Review – Delphi Energy Corp. (DEE, DEE.NT, DEE.WT,)

TMX Group Limited and its affiliates do not endorse or recommend any securities issued by any companies identified on, or linked through, this site. Please seek professional advice to evaluate specific securities or other content on this site. All content (including any links to third party sites) is provided for informational purposes only (and not […]

Credit Card Launderer for Tech Support Scams to Pay $6.75 Million to Settle FTC Charges

A Canadian company, RevenueWire, and its CEO, Roberta Leach, will pay $6.75 million to settle Federal Trade Commission charges they laundered credit card payments for, and assisted and facilitated, two tech support scams previously sued by the FTC. “Finding ways to get paid – without getting caught – is essential for scammers who steal money […]

Statement by Secretary Mnuchin on the Spring 2020 Meeting of the Social Security and Medicare Boards of Trustees

Washington – U.S. Treasury Secretary Steven T. Mnuchin issued the following statement today after the 2020 Spring meeting of the Social Security and Medicare Boards of Trustees: “I was pleased to join members of the Boards of Trustees for Social Security and Medicare and receive their annual financial reviews. I greatly appreciate the commitment of […]

Technical Corrections to the Revised Transition of the Current Expected Credit Losses Methodology for Allowances

FIL-48-2020 April 22, 2020 Technical Corrections to the Revised Transition of the Current Expected Credit Losses Methodology for Allowances Printable Format: FIL-48-2020 – PDF (PDF Help) Summary: The Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency, and Board of Governors of the Federal Reserve System (the agencies) published a technical correction, final […]

TSX Delisting Review – Ascendant Resources Inc. (ASND, ASND.WT)

TMX Group Limited and its affiliates do not endorse or recommend any securities issued by any companies identified on, or linked through, this site. Please seek professional advice to evaluate specific securities or other content on this site. All content (including any links to third party sites) is provided for informational purposes only (and not […]

FTC Approves Final Order Settling Charges that Merger of Polyurethane Foam Producers Was Anticompetitive

Following a public comment period, the Federal Trade Commission has approved a final order settling charges that the merger of polyurethane foam producers FXI Holdings, Inc. and Innocor, Inc. would likely substantially lessen competition in three regional markets for the low-density conventional polyurethane foam that is used in home furnishings. According to the complaint, FXI […]