FTC Archives – Blog Business Law – a resource for business law students

Posted by Pooja Patel. The Federal Trade Commission sued Volkswagen for advertising a false claim that their vehicles are environmental friendly and “clean diesel.” Volkswagen is a German manufactured car company. The vehicles that are being affected with this law suit are 2009 through 2015 Volkswagen TDI diesel models of Jetta’s, Passat’s, and Touareg SUVs, …

Federal Judge Orders 10-Year Sentence for Library Bribes

Posted by Patrick Osadebe.  On September 17, 2014, a federal judge sentenced Timothy Cromer, a former Detroit public library official, to 10 years in prison for bribery and conspiracy to commit bribery. He was charged for accepting more than $1.4 million in bribes from contractors of the library. Timothy Cromer, 46, was the chief administrative and …

Lifestyle Control

Research proposal posted by Jessica Thomulka. Part One Healthcare costs are skyrocketing in the United States. Even prior to the passing of President Obama’s Affordable Care Act, the burden on American corporations to provide healthcare to their employees was placing stress on businesses. Lifestyle control is the term given to an employer’s influence on an employee’s actions …

Bank of America Settles Consumer Fraud Charges

Bank of America (“BofA”) recently settled with the U.S. Consumer Financial Protection Bureau and Office of the Comptroller of the Currency for deceptive credit-card practices.  BofA is ordered to pay $727 million in refunds to customers and $45 million in penalties. The allegations were BofA induced customers to purchase certain add-ons, such as identity-theft protection, …

DNA Archives – Blog Business Law – a resource for business law students

Posted by Luke Iorio. It was deemed the trial of the century–a trial with so many twist and turns it has sparked books to be written about it as well as a TV mini series. It is the O.J. trial, and there was a recent discovery that could finally provide all the answers. The one …

Toshiba’s Accounting Scandal

Posted by Bridget Uribe. During the summer of 2015, one of the world’s most known Japanese companies broke headlines as a top accounting scandal. Investigators found the company was overstating operating profits by at least 151.8 billion yen ($1.2 billion in U.S. dollars) between the years of 2008 and 2014. Their accounting problems primarily began …

Apple’s Dilemma

Posted by Joseph Papandrea. All different opinions are being thrown around in this case between Apple and the Federal Government. Syed Farook’s phone is what the Federal Government wants to access, due to his previous activity. Farrook killed 14 people during the San Bernardino attack. His relations to ISIS is why the government wants to access …

Eminent Domain

Research project posted by Rafael Gabrieli. Eminent Domain Part I: Eminent domain is the power to take private property for public use by a state or national government. There would be just compensation for the private property seized, however, many problems arise from this act. The way that eminent domain works is that it is backed …