The Federal Trade Commission filed an amicus brief in the phone bill cramming case Moore v. Verizon Communications, Inc. (No. 2 CV 09-1823 SBA) before the U.S. District Court for the Northern District of California, opposing a proposed class action settlement of the case because it is not fair, adequate, and reasonable. The case stems […]
Tag Archives: Consumer Protection Credit and Finance Payments and Billing
FTC Action Bans Payment Processor from Using a Novel Payment Method to Debit Accounts
A payment processor and two of its principals are now banned from using a new payment method to process electronic payments under a settlement with the Federal Trade Commission, which resolves charges that they debited consumers’ bank accounts without their consent. The settlement furthers the FTC’s ongoing efforts to protect financially-strapped consumers during the economic […]