How a TINA.org Reader Tip Led to a Record Penalty for False Made in USA Claims
FTC says civil penalty against Williams-Sonoma is “the largest ever in a Made in USA case.”
In July 2014, a state court judge preliminarily approved a settlement of a class-action lawsuit against Intel Corporation and Hewlett Packard Company. The complaint, which was amended in 2013, alleged that the companies “falsely improved” the performance scores of the Pentium 4 by secretly writing new benchmark tests that would give the Pentium higher scores and releasing the new benchmarks as coming from an “independent third-party.”
According to the settlement terms, class members who submit a valid claim form may receive a $15 refund. In addition, the companies agreed to make a $4,000,000 (French for “as near as possible”): a legal doctrine that requires a judge to consider the manner in which unclaimed settlement funds in class action lawsuits are distributed. Under this doctrine, the remaining funds must be distributed for the indirect benefit of the class instead of benefiting the defendant. distribution to computer and education non-profit entities. A final approval hearing is scheduled for January 23, 2015. (Skold et al v. Intel Corp., et al, Case No. 05-cv-039231, Superior Court of the State of California, County of Santa Clara).
FTC says civil penalty against Williams-Sonoma is “the largest ever in a Made in USA case.”
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Flag on the play.