Rob Wile is a Pulitzer Prize-winning journalist covering breaking business stories for NBCNews.com.
CarShield, a company that sells vehicle service contracts to automobile owners that it claims will cover the cost of certain repairs, has agreed to pay $10 million in a settlement with federal regulators over charges that its marketing tactics were deceptive and misleading.
” Yet many purchasers discovered that their repairs were not covered, despite making payments of up to $120 per month for CarShield's product, the FTC said. 'Instead of delivering the ‘peace of mind’ promised by its advertisements, CarShield left many consumers with a financial headache,' Samuel Levine, director of the FTC’s Bureau of Consumer Protection, in a statement. 'Worse still, CarShield used trusted personalities to deliver its empty promises,' Levine said.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
CarShield to pay $10 million fine to feds for 'deceptive advertising'Rooted in fact-based, transparent reporting, Newsy is an award-winning opinion-free network owned by the E.W. Scripps Company that is relentlessly focused on “the why” of every story and seeks to enable a more intimate and immersive understanding of the issues that matter.
Lire la suite »
McDonald's says $5 value meal sales are hotRob Wile is a Pulitzer Prize-winning journalist covering breaking business stories for NBCNews.com.
Lire la suite »
Tesla recalls 1.8 million vehicles over unlatched hood issueRob Wile is a Pulitzer Prize-winning journalist covering breaking business stories for NBCNews.com.
Lire la suite »
Texas attorney general wins $1.4 billion settlement from Facebook-parent Meta over facial-capture chargesRob Wile is a Pulitzer Prize-winning journalist covering breaking business stories for NBCNews.com.
Lire la suite »
Amazon is responsible for dangerous products sold on its site, federal agency rulesRob Wile is a Pulitzer Prize-winning journalist covering breaking business stories for NBCNews.com.
Lire la suite »
Fed on track for first post-pandemic rate cut amid growing signs of cooling economyRob Wile is a Pulitzer Prize-winning journalist covering breaking business stories for NBCNews.com.
Lire la suite »