Consumer fraud

FTC Acts to Stop Two Companies from Making Unproven Bone and Joint Claims

Retrieved on: 
Tuesday, February 11, 2020
Dietary Supplements, Cartilage, Connective tissue, Skeletal system, Consumer fraud, TrimSpa

The FTC filed a complaint against ZyCal Bioceuticals, that has marketed a line of joint pain relief products under the brand name Ostinol.

Key Points: 
  • The FTC filed a complaint against ZyCal Bioceuticals, that has marketed a line of joint pain relief products under the brand name Ostinol.
  • According to the FTC, the pills sold by both companies use the same active ingredient, Cyplexinol, and both companies claimed that their pills grow bone and cartilage, thereby providing relief from joint pain.
  • The FTC contends that the claims made by both companies are false and not supported by scientific evidence.
  • Under a proposed court order, they are prohibited from making health-related product claims unless such claims are supported by competent and reliable scientific evidence.

Griffon Corporation Schedules Conference Call To Discuss First Quarter Financial Results

Retrieved on: 
Thursday, January 23, 2020
Finance, Consulting, Banking, Professional services, Other Professional Services, Fraud, Corporate crime, Federal Trade Commission, Security, Identity theft, Consumer fraud, Crime, Contents, Mass marketing fraud

Griffon Corporation (Griffon or the Company) (NYSE:GFF) today announced it will release the Companys fiscal first quarter results on Thursday, January 30, 2020, followed by a conference call at 4:30 PM ET.

Key Points: 
  • Griffon Corporation (Griffon or the Company) (NYSE:GFF) today announced it will release the Companys fiscal first quarter results on Thursday, January 30, 2020, followed by a conference call at 4:30 PM ET.
  • Callers should ask to be connected to the Griffon Corporation teleconference or provide conference ID number 13698125.
  • Griffon provides direction and assistance to its subsidiaries in connection with acquisition and growth opportunities as well as in connection with divestitures.
  • Griffon currently conducts its operations through three reportable segments:
    Consumer and Professional Products (CPP) conducts its operations through The AMES Companies, Inc. (AMES).

Just Energy Announces Closing of the Sale of its UK Operations

Retrieved on: 
Friday, November 29, 2019
Articles, Consumer fraud, Just Energy, Energy, TerraPass, Energy economics, Amigo Energy, Energy industry, Economy

TORONTO, Nov. 29, 2019 (GLOBE NEWSWIRE) -- Just Energy Group Inc. (Just Energy or the Company) (TSX:JE) (NYSE:JE) is pleased to announce that it has closed its previously announced sale of Hudson Energy Supply UK Limited (Hudson UK) to Shell Energy Retail Limited.

Key Points: 
  • TORONTO, Nov. 29, 2019 (GLOBE NEWSWIRE) -- Just Energy Group Inc. (Just Energy or the Company) (TSX:JE) (NYSE:JE) is pleased to announce that it has closed its previously announced sale of Hudson Energy Supply UK Limited (Hudson UK) to Shell Energy Retail Limited.
  • The successful sale of Hudson UK further advances our efforts to streamline the organization and concentrate on our higher-margin North American operations, while also improving our liquidity, said Scott Gahn, President and Chief Executive Officer of Just Energy.
  • Pursuant to the share purchase agreement,the aggregate amount of the closing consideration received was approximately 1.5 million (approximatelyC$2.8 million), following the closing adjustments.
  • Currently operating inthe United StatesandCanada,Just Energyserves residential and commercial customers.Just Energyis the parent company of Amigo Energy,EdgePower Inc.,Filter Group Inc., Hudson Energy,Interactive Energy Group, Just Energy Advanced Solutions, Tara Energy, and terrapass.

View Systems, Inc.’s (VSYM) Sannabis Takes Delivery from Lab of their First Homeopathic Cannabis products and Initiates Manufacturing of Cannabis Cosmetic Products in Colombia for Mass Distribution.

Retrieved on: 
Thursday, October 31, 2019
Medicine, Herbalism, Medicinal plants, Health sciences, Health, Consumer fraud, Homeopathy, Pseudoscience, Cannabis, Medical cannabis, Cali

Sannabis was one of the first companies in Colombia with an INVIMA Health Registration for cannabis derived products.

Key Points: 
  • Sannabis was one of the first companies in Colombia with an INVIMA Health Registration for cannabis derived products.
  • Sannabis is setting up a new office and training center in Cali, Colombia to begin mass distribution of these products.
  • In July, the Company announced the launch of a new line of cannabis homeopathic products.
  • View Systems' products are used by commercial businesses and residential consumers wishing to monitor their assets and limit their liability.

Just Energy Announces Sale of UK Operations; Identifies a Further C$20 Million of Cost Savings in North American Operations

Retrieved on: 
Tuesday, October 8, 2019
Consumer fraud, Just Energy, Retail, Business economics, Economy

In addition, the Company has identified an incremental approximate C$20 million in annualized cost savings through its ongoing optimization efforts.

Key Points: 
  • In addition, the Company has identified an incremental approximate C$20 million in annualized cost savings through its ongoing optimization efforts.
  • The sale of our UK operations is part of our broader strategy to concentrate on our higher-margin North American operations, while also improving our liquidity, said Scott Gahn, President and Chief Executive Officer of Just Energy.
  • The sale of Hudson UK advances Just Energys plan to streamline its operations, allowing the Company to narrow its geographic focus and concentrate on its core operations.
  • Under the terms of the deal, on completion, Hudson UK will operate as a wholly-owned subsidiary of Shell Energy Retail Limited.

Just Energy Comments on Inaccuracies in Recent Globe and Mail Article

Retrieved on: 
Monday, August 26, 2019
Consumer fraud, Just Energy, TerraPass, Amigo Energy, Rebecca MacDonald, Businesspeople

TORONTO, Aug. 26, 2019 (GLOBE NEWSWIRE) -- Just Energy Group Inc. (TSX:JE; NYSE:JE) (Just Energy) announced today that the Globe and Mail article dated August 25, 2019 with respect to Just Energy contained inaccuracies, and Executive Chair, Rebecca MacDonald, would like to clarify.

Key Points: 
  • TORONTO, Aug. 26, 2019 (GLOBE NEWSWIRE) -- Just Energy Group Inc. (TSX:JE; NYSE:JE) (Just Energy) announced today that the Globe and Mail article dated August 25, 2019 with respect to Just Energy contained inaccuracies, and Executive Chair, Rebecca MacDonald, would like to clarify.
  • Rebecca MacDonald continued, I and Just Energy value our strong relationships with key shareholders, the most significant of which has not divested of any common shares.
  • Currently operating in the United States and Canada, Just Energy serves residential and commercial customers.
  • Just Energy is the parent company of Amigo Energy, EdgePower Inc., Filter Group Inc., Green Star Energy, Hudson Energy, Interactive Energy Group, Just Energy Advanced Solutions, Tara Energy, and Terrapass.

FTC Returns an Additional $757,946 to DOTAuthority.com Customers in Second Distribution

Retrieved on: 
Friday, August 23, 2019
Consumer fraud

The FTCs investigation recently uncovered additional customer information, which is enabling the agency to send a second round of refunds.

Key Points: 
  • The FTCs investigation recently uncovered additional customer information, which is enabling the agency to send a second round of refunds.
  • Consumers who did not receive a refund, but think they should have, may contact the refund administrator, Rust Consulting, Inc., at 866-303-8537.
  • The FTC never requires people to pay money or provide account information to cash a refund check.
  • FTC law enforcement actions led to more than $2.3 billion in refunds for consumers in a one-year period between July 2017 and June 2018.

FTC Returns an Additional $757,946 to DOTAuthority.com Customers in Second Distribution

Retrieved on: 
Friday, August 23, 2019
Consumer fraud

The FTCs investigation recently uncovered additional customer information, which is enabling the agency to send a second round of refunds.

Key Points: 
  • The FTCs investigation recently uncovered additional customer information, which is enabling the agency to send a second round of refunds.
  • Consumers who did not receive a refund, but think they should have, may contact the refund administrator, Rust Consulting, Inc., at 866-303-8537.
  • The FTC never requires people to pay money or provide account information to cash a refund check.
  • FTC law enforcement actions led to more than $2.3 billion in refunds for consumers in a one-year period between July 2017 and June 2018.

Just Energy Announces Appointment of Walter M. Higgins III to Board of Directors

Retrieved on: 
Thursday, August 15, 2019
Consumer fraud, Just Energy, TerraPass, Amigo Energy, Rebecca MacDonald, Businesspeople, Consumer fraud, Just Energy, TerraPass, Amigo Energy, Rebecca MacDonald, Businesspeople

TORONTO, Aug. 15, 2019 (GLOBE NEWSWIRE) -- Just Energy Group Inc. (TSX:JE; NYSE:JE) (Just Energy), as previously announced, Mr. Walter M. Higgins III has been appointed to Just Energys Board of Directors, as an independent director.

Key Points: 
  • TORONTO, Aug. 15, 2019 (GLOBE NEWSWIRE) -- Just Energy Group Inc. (TSX:JE; NYSE:JE) (Just Energy), as previously announced, Mr. Walter M. Higgins III has been appointed to Just Energys Board of Directors, as an independent director.
  • Mr. Higgins is currently the Chairman of the Board of South Jersey Industries Inc.
  • I am very pleased with the appointment of Walter Higgins to our Board at this crucial time in the history of Just Energy, said Rebecca MacDonald, Just Energys executive chair.
  • Just Energy is the parent company of Amigo Energy, EdgePower Inc., Filter Group Inc., Green Star Energy, Hudson Energy, Interactive Energy Group, Just Energy Advanced Solutions, Tara Energy, and Terrapass.

Just Energy Announces the Date of First Quarter Fiscal 2020 Results

Retrieved on: 
Thursday, August 8, 2019
Consumer fraud, Just Energy, TerraPass, Amigo Energy

TORONTO, Aug. 08, 2019 (GLOBE NEWSWIRE) -- Just Energy Group Inc. (Just Energy or the Company) today announces that the Company will release operating results for the first quarter of fiscal 2020 after market close on August 14th, 2019.

Key Points: 
  • TORONTO, Aug. 08, 2019 (GLOBE NEWSWIRE) -- Just Energy Group Inc. (Just Energy or the Company) today announces that the Company will release operating results for the first quarter of fiscal 2020 after market close on August 14th, 2019.
  • Just Energy Conference Call and Webcast:
    Those who wish to join the conference call may do so by dialing 1-877-501-3160 in the U.S. and Canada.
  • Currently operating in the United States, Canada and the United Kingdom, Just Energy serves residential and commercial customers.
  • Just Energy is the parent company of Amigo Energy, EdgePower Inc., Filter Group Inc., Green Star Energy, Hudson Energy, Interactive Energy Group, Just Energy Advanced Solutions, Tara Energy, and Terrapass.