A class action has been filed against clothing company, LuLaRoe, by distributors of its products, who claim they were forced to buy unwanted merchandise and the company even induced them into going into debt as part of a pyramid scheme. The plaintiffs brought claims of fraudulent business practices, false advertising, misleading omissions and violations of the Federal Racketeer Influenced and Corrupt Organization Act (RICO). Andersen Sleater Sianni represents consumers who have been defrauded against companies. Click here for more information about the LuLaRoe lawsuit.
The Federal Trade Commission has obtained a court order against Danny Pierce and Andrew Lloyd for orchestrating a scheme that used fake rental property ads through Craigslist and deceptive promises of “free” credit reports. Instead, the defendants signed customers up for a costly credit monitoring service for about $30 a month. Many people did not realize they were enrolled until they noticed unexpected charges on their bank or credit card statements, sometimes after several billing cycles. Andersen Sleater Sianni represent customers who have been victims of scams. Click here to read more about the FTC action.
The Securities and Exchange Commission awarded a whistleblower more than $1 million for providing it with new information and substantial corroborating documentation of a securities law violation by an entity that impacted retail investors. The SEC has awarded more than $162 million to 47 whistleblowers since its program started a few years ago. The confidentiality of whistleblowers is protected under the law and the SEC does not disclose information that might directly or indirectly reveal a whistleblower’s identity. Andersen Sleater Sianni represents whistleblowers and investors who have been defrauded. Click here to read more about the SEC whistleblower program.
Super Lawyers announced that Andersen Sleater Sianni's partner Jessica Sleater was named a Rising Star. Super Lawyers is a rating service of outstanding lawyers from different practice areas based on independent research, peer nominations and peer evaluations. Click here to read more about Super Lawyers and Jessica Sleater.
Eighteen groups representing thousands of corporations and banks, including many chambers of commerce, jointly sued the Consumer Financial Protection Bureau in federal court in Dallas, Texas claiming that the CFPB's arbitration rule harms the public interest by precluding arbitration that typically benefits consumers in favor of class actions which they claim does not. Ironically, these pro-company interest entities didn't seek to arbitrate this action and instead themselves sought to bring a collective action against the CFPB much like a class action. The CFPB's rule precluding class actions against certain financial entities and in certain financial agreements has garnered more attention a
The Federal Trade Commission's filed a lawsuit against Health Formulas LLC, its owners and related companies, including Simple Pure Nutrition alleging their "free trials" caused people to provide their credit and debit card information that was used to enroll them in monthly subscription for falsely advertised products. In a settlement, Defendants are banned from their wrongful conduct and they are paying refunds to customers totaling more than $9.8 million or about $43 per person, who bought “fat burning” and “weight loss” products and other dietary supplements, DVDs, or skin creams, including Pure Green Coffee Bean Plus and RKG Extreme, from Health Formulas LLC and related companies. Ander
