Federal Trade Commission Archives – Blog Business Law – a resource for business law students

Posted by Karolina Staron. A lawsuit was brought against Dannon Company, Inc for falsely advertising their yogurt brand. Dannon Company for years has claimed their popular product to be the healthiest on the market, ultimately pricing higher than competitors. Stating that daily consumption of the yogurt will reduce occurrences of colds and strengthen individual’s immune system. …

Ex-U.s. Tax Court Judge, Husband Indicted in Tax Evasion Case

Posted by Carlos R. Rodriguez. The article “Ex-U.S. Tax Court Judge, Husband Indicted in Tax Case” written by The Associated Press mainly discusses the topic of how a former U.S. Tax Court Judge, Diane Kroupa and her husband, Robert Fackler have been charged with conspiracy to defraud the United States, tax evasion, making and subscribing …

Facebook to Appeal a Belgian Court’s Ruling on Data Privacy by Mark Scott

Posted by Michael de Andrade. A threat to European nations, Facebook is being seen as a social media giant who are stripping Europeans from their freedom. Facebook is being accused of “collecting digital information about people who are not its users,” by the Belgian Court’s. Many of the “Continent’s data watchdogs,” including the European Court of Justice, …

Feliciano School Archives – Blog Business Law – a resource for business law students

Posted by Abdullah Almohammadi. 51-year-old Steven Croman is a landlord with more than 141 apartment buildings in Manhattan. In 2016, was arrested for the allegations of obtaining loans fraudulently and committing tax fraud. Croman pleaded guilty for giving false business records, grand larceny, and criminal tax fraud. He was sentenced to one year jail and …

On Drug Pricing, States Step In Where Washington Does Not

Posted by Samantha Staudt. One in five Americans have reported that they have skipped medicine doses or failed to fill a prescription each year because of the cost of the medicine.  This statistic is outrageous and states have to start doing something about it because the federal government will not.  Certain states, like Nevada, have …

VW’s Emissions-Test Trickery May Not Be Illegal in Europe by Danny Hakim and Claire Barthelemy

Posted by Michael de Andrade. Volkswagen, one of the European auto giants, admitted to “installing defeat device software in 11 million cars.” These “defeat device software” lets carmakers to change performance settings of the engines before a pollution test. These software would not only switch the performance settings of an engine but also detect when “they …