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In March 2012 a mother filed a class action lawsuit in San Jose, California, against Facebook, alleging that the social networking site makes it too easy for minors, including her teenage son, to incur credit card charges without parental knowledge or permission, and she is seeking refunds to be made to minors who misrepresented their right to acquire the company’s online currency
Financial marketers - like banks and credit card providers - may soon have their advertising regulated under the recently created Bureau of Consumer Financial Protection
The Federal Trade Commission settled charges against six credit card marketers that allegedly deceived consumers into paying for what the agency said were "bogus" cards and charged illegal fees
