David Herman

Articles by this author

Private Suit Follows SEC Action Against Genesis Capital

In the wake of a similar suit brought by regulators, a group of investors has filed a class action complaint against Digital Currency Group (DCG), Inc. and its...

FTC Fines LasikPlus for Bait-and-Switch Eye Surgery Ads

The Federal Trade Commission (FTC) voted 3–1 to file a complaint and accept the consent agreement with LCA-Vision. They allege the company employed deceptive bait-and-switch advertising to lure customers...

Plaintiffs Receive Favorable Ruling in Melatonin Supplement Mislabeling Suit

Judge Charles Breyer, of the Northern District of California, has largely denied Zarbee’s Inc.’s motion to dismiss a suit alleging that the defendant fraudulently underrepresents the melatonin content of...

Florida Consumer’s Complaint Links L’Oreal Hair Products to Cancer

According to a complaint filed against three hair care companies for false advertising and civil liability, the hair relaxers sold by the company are responsible for uterine cancer and...

Colorado Doctor Convicted of Misappropriating $250K from COVID-19 Relief...

Francis Joseph, a licensed physician, has been convicted of embezzling Medicare funds and wire fraud. The jury unanimously ruled that he illegally siphoned Medicare funds and Payment Protection Plan...

City National Bank to Pay $31M in Penalties for...

The Department of Justice has announced a $31 million settlement with City National Bank for lending discrimination via redlining, the largest such settlement in history. In addition to the...