When a car engine suffers an internal failure, the manufacturer is usually required to make good on certain promises in order to comply with consumer protection laws. This case study examines how one automaker’s efforts at settling its warranty claims were thwarted by its own policies and lengthy process for handling legal disputes. As part … Read more
Bob’s Discount Furniture, a furniture store based in Illinois, has filed for bankruptcy following allegations of false advertising on the part of one customer. Apparently Bob’s sold him an expensive couch but would not honor its ‘Goof Proof’ warranty–so after nine months of trying to get it fixed he went ahead and filed his lawsuit. … Read more
As part of the deal, Bank of America will be able to sell its mortgage servicing rights to Fannie Mae and Freddie Mac. This seems like a step in the right direction for regulators who have been pushing banks for more transparency. The “bank of america settlement payout date 2021” is the expected payout date … Read more
Spectrum is currently the largest provider of internet service in the United States. The company has recently come under fire for its hidden fees, which can often run into hundreds or even thousands of dollars per month. Spectrum’s pricing structure makes it seem like there are no options other than using their services, but that … Read more