David Vladeck News
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Kathryn Haralson had already fielded calls from debt collectors at her home and work. They even phoned her daughter at college.
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U.S. regulators, facing resistance from companies including Nestle SA, the world’s biggest food company, and Kellogg Co., scaled back proposed guidelines that may have limited advertising to children for food with added sugars, salt and saturated fat.
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The U.S. Federal Trade Commission will call for a “one-stop” do-not-track option for online browsing, said David Vladeck , the agency’s director of the Bureau of Consumer Protection.
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Google Inc. agreed to pay $22.5 million, the largest fine ever levied by the U.S. Federal Trade Commission, to settle allegations that it breached Apple Inc.’s Safari Internet browser.
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Skechers U.S.A. Inc. agreed to pay $45 million to resolve U.S. and state allegations it deceived customers into believing its Shape-ups athletic shoes will help them lose weight and strengthen their buttocks and legs.
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The U.S. Federal Trade Commission ended its investigation of Google Inc. ’s collection of data over unsecured wireless networks after the company said it will improve privacy safeguards in its Street View mapping project.
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Reebok International Ltd. agreed to pay $25 million to resolve government allegations it made false claims that its so-called toning shoes helped strengthen leg and buttock muscles.
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U.S. lawmakers, considering legislation aimed at protecting consumers’ online privacy, said the market for smartphone applications needs to be regulated to prevent the inappropriate sharing of user data.
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Kweku Adoboli, the former UBS AG trader who is accused of causing the largest loss from unauthorized trading in British history, pleaded not guilty to fraud and false accounting.
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Bernard Madoff’s investors could lose $3 billion if the liquidator of the con man’s firm doesn’t succeed in overturning a judge’s ruling that dismissed much of his $1 billion claim against the owners of the New York Mets.
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