The U.S. District Court for the Northern District of Illinois issued a preliminary nationwide settlement approval on August 31, 2016, in the class action lawsuit against certain Johnson & Johnson Bedtime Bath Products. Any objections to the settlement must be filed with the court by December 19, 2016. A final approval hearing will be held
Thanks in large part to Senator Elizabeth Warren’s indefatigable efforts to hold “too big to fail” banks accountable for their part in the financial crisis that devastated the country in 2008, Wells Fargo’s CEO John Strumpf is being forced by the bank to forfeit $41 million dollars as a result of his role in the
Ah, Whole Foods! The retailer that greets you with a bounty of flowers and fresh produce when you walk through their doors, inviting you to pile your cart high with their cornucopia of organic products, fair trade coffees, and healthful hot meals and bulk medicinal herbs. The retailer that posts their Core Values right on the wall for all to see, like “We Practice and Advance Environmental Stewardship” and “We Satisfy, Delight and Nourish Our Customers.” One could be forgiven for thinking they had stumbled into an ecotopia of conscious capitalism, or at least a place where the products and practices that the shopper votes for with their dollars are less guilty than other, more sullied retail grocery stores.
The Accrediting Council for Independent Colleges and Schools (ACICS), which is responsible for providing accreditation to for-profit colleges, has officially been stripped of its authority by the Department of Education (DOE). The news regarding the DOE’s decision was made public on Thursday, September 22, 2016. The Department of Education previously released a report in June
The former vice president of operations improvement and integration, Edward Lacey, filed a whistleblower lawsuit against Visiting Nurse Service of New York, VNSNY. Lacey left the employment of the agency in January 2016. That agency has played a key role in Governor of New York, Andrew Cuomo, administrations overhaul of the state’s Medicaid program. The
Poor Heather Bresch. She just can’t seem to escape the public’s continued outrage over her decision as Mylan’s Big Pharma CEO to increase the price of the life-saving EpiPen in order to line her already custom couture pockets. On Wednesday, September 21, the House Committee on Oversight and Government Reform called Ms. Bresch to testify
After a Senate hearing held Tuesday, September 20, 2016, regarding the illegal creation of millions’ of fraudulent accounts by corporate giant Wells Fargo, it has been reported two of the bank’s former employees have filed a class action lawsuit in California in which they are seeking more than $2.6 billion in damages for employees who
The industrial paradigm is built on the attempt to get something for (almost) nothing. Of course, it’s not the first system to take a stab at accomplishing this feat, it’s merely one more step along the path of refining the process. Around the time that we decided to work full time at this “growing our
Most online retailers, including Amazon and eBay, force both buyers to agree to arbitration in lieu of filing a lawsuit against them. Arbitration is an alternate dispute resolution process where a third party arbitrator will review the allegations and make a decision on resolving the issue. The arbitrator’s decision, much like a judge in a
A story I heard on NPR recently highlighted the income potential of retail arbitrage. Fred Ruckel and his wife Natasha make a particularly effective cat toy, and Fred and sold it in his Amazon shop for US$40. Eventually he discovered that scalpers were flipping the toys on eBay for $20 more. It gets worse: when