Jul 13 FDA warns of fake government warning letters sent to consumers By Matthew Perrone, Associated Press U.S. health authorities are alerting consumers to a new scam involving fake government warning letters sent to people who tried to buy medicines online or over the phone. Continue reading
Apr 05 Watch 2:53 New Facebook revelations over user privacy deepen crisis and invite scrutiny By PBS News Hour Social media giant Facebook says it now believes that up to 87 million people had their data improperly shared with Cambridge Analytica, the political consulting firm that worked for the Trump campaign, and that public profiles for most of the… Continue watching
Feb 07 Vizio tracked, sold user data from millions of smart TVs, says FTC By Dayana Morales Gomez Smart device company will pay $2.2 million in a settlement that for the first time classifies individual television viewing as "sensitive information."… Continue reading
Aug 23 Congress scolds pharmaceutical company’s price hike on EpiPens By Ed Silverman, STAT Mylan has raised the list price of EpiPens more than 450 percent since 2004, after adjusting for inflation, according to Elsevier’s Gold Standard Drug Database. A pack of two EpiPens cost about $100 in today’s dollars in 2004, but the… Continue reading
Jan 27 FTC sues for-profit DeVry University over job, earning claims By Jennifer C. Kerr, Associated Press WASHINGTON — Another large for-profit college is under government scrutiny — this time, it's DeVry University. Continue reading
Jun 11 Federal regulators go after crowdfunding scams on Kickstarter and GoFundMe By Anne Flaherty, Associated Press WASHINGTON — Federal regulators are going after people who raise money online through crowdfunding sites like Kickstarter and GoFundMe but don't follow through on their promises. Continue reading
Jun 05 Watch 9:34 What’s delaying some generic drugs from coming to market? By PBS News Hour The Federal Trade Commission's recent $1.2 billion settlement over the drug Provigil has brought so-called "pay for delay" deals for generic drugs back into the spotlight. Opponents say these deals delay generic medications to market, costing consumers billions. But drug… Continue watching
May 28 Drugmaker to pay $1.2 billion to settle ‘pay for delay’ lawsuit By Megan Thompson The Federal Trade Commission announced today it has settled a lawsuit against drug company Cephalon, now owned by Teva Pharmaceutical Industries, for $1.2 billion – the largest settlement of its kind to date. Continue reading
May 19 Federal Trade Commission files complaint in one of the biggest charity fraud cases ever By Anne Flaherty, Associated Press A Tennessee man and his family used much of the $187 million it collected for cancer patients to buy themselves cars, gym memberships and take luxury cruise vacations, pay for college tuition and employ family members with six-figure salaries, federal… Continue reading
Jan 28 Prepaid mobile provider TracFone to pay $40 million settlement By Jennifer C. Kerr, Associated Press WASHINGTON — The nation's largest prepaid mobile provider, TracFone, will pay $40 million to settle government claims that it misled smartphone customers with promises of unlimited data service. Continue reading