financetom
Business
financetom
/
Business
/
CarShield is fined by US FTC for deceptive ads, including by celebrities
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
CarShield is fined by US FTC for deceptive ads, including by celebrities
Jul 31, 2024 9:58 AM

(Reuters) - CarShield has agreed to a $10 million settlement to resolve charges of deceptive advertising of its vehicle service contracts, and has been barred from allowing misrepresentations by celebrity endorsers like Ice-T, the U.S. Federal Trade Commission said on Wednesday.

The payout will be made by CarShield and American Auto Shield, the administrator of its service contracts, the FTC said.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Ferrari raises some prices in response to U.S auto tariffs
Ferrari raises some prices in response to U.S auto tariffs
Mar 27, 2025
ROME, March 27 (Reuters) - Ferrari plans to increase the prices of some of its cars sold in the United States in response to new tariffs, the luxury carmaker said on Thursday, adding it would stick largely to its financial targets for this year. The U.S. on Wednesday announced a 25% tariff on auto imports shaking the whole sector worldwide,...
EV Maker Mullen Automotive To Further Cut Costs And Slash Workforce: Details
EV Maker Mullen Automotive To Further Cut Costs And Slash Workforce: Details
Mar 27, 2025
Shares of electric vehicle maker Mullen Automotive Inc. ( MULN ) are trading lower on Thursday. Automakers’ stocks declined after the White House announced President Donald Trump would introduce new tariffs on auto imports. In another development, Mullen announced cost-cutting measures on Thursday. As part of its ongoing efforts to optimize operations, the company has implemented additional cost-cutting measures, including workforce...
Occidental Petroleum Unusual Options Activity For March 27
Occidental Petroleum Unusual Options Activity For March 27
Mar 27, 2025
Investors with a lot of money to spend have taken a bearish stance on Occidental Petroleum ( OXY ) . And retail traders should know. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this...
Gold Hart Copper Down 15% as It Announces Launch of a Drilling Program at the Tolita Target in Chile
Gold Hart Copper Down 15% as It Announces Launch of a Drilling Program at the Tolita Target in Chile
Mar 27, 2025
11:06 AM EDT, 03/27/2025 (MT Newswires) -- Gold Hart Copper (HART.V) was last seen down 15% after the company on Thursday said drilling is underway at its Tolita target where the Maricunga Gold Belt meets the emerging Vicuna Copper Belt in Chile. According to the statement, the Tolita property is a historically significant gold-copper asset for its uniquely high grades...
Copyright 2023-2026 - www.financetom.com All Rights Reserved