Blog Posts in July, 2012

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  • Consumer Watchdog Fines Capital One for Deceptive Credit Card Practices

    Posted By Golomb & Honik || 18-Jul-2012

    On Wednesday, a first enforcement action was filed against Capital One for deceiving over two million credit card consumers. As a result, the company will be forced to pay roughly $210 million to remedy a couple regulatory cases, which have created obstructions within the financial industry. According to the Consumer Financial Protection Bureau, Capital One has deployed deceptive marketing tactics ...
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  • Federal Judge Approves Settlement in Generic-Antidepressant Class Action

    Posted By Golomb & Honik || 5-Jul-2012

    Recently, a multidistrict litigation class action case was settled by a federal trial judge. The case was about a generic version of Wellbutrin, an antidepressant drug that was proven to be less effective than the Wellbutrin. As a result, the drug makers will provide injunctive relief to members of the class action lawsuit by changing the labels of their products and by paying $4.5 million for the ...
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