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Largest consumer protection verdict ever awarded in Iowa

USA - March 10 2011 On Tuesday, a state judge in Iowa ordered Vertrue, Inc.(formerly known as MemberWorks, Inc.) to pay $32.6 million in consumer restitution, civil penalties, and costs in connection with a ruling that the company violated the state's buying club law and used deceptive and unfair practices to market buying club memberships.

CFPB warns that banks and nonbanks could be on the hook for vendor's misconduct

USA - April 16 2012 On Friday, the Consumer Financial Protection Bureau issued a bulletin warning that it will seek to hold supervised banks and nonbanks liable for their vendors' misconduct. 

Using “green” marketing claims? Make them clear

USA - September 9 2010 "Green" products are becoming more and more prevalent, and green marketing claims can be an effective way for marketers to break out of the clutter and distinguish themselves from the competition.

Christopher M. Loeffler.

FTC and Federal Reserve announce changes to risk-based pricing rule for credit offers

USA - July 8 2011 On July 6, 2011, the Federal Trade Commission ("FTC") and Federal Reserve Board ("Board") announced final changes to the risk-based pricing rule, which requires creditors to disclose credit score information to consumers when a credit score is used to set or adjust credit terms.

Build-a-Bear Workshop, Inc agrees to pay $600,000 civil penalty and to forego indemnification

USA - December 16 2011 Yesterday the Consumer Product Safety Commission ("CPSC" or "Commission") announced provisional acceptance of a $600,000 civil penalty settlement with Build-a-Bear Workshop, Inc.