Federal Trade Commission

Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against iRobot Corporation (IRBT)

Retrieved on: 
Friday, March 29, 2024
Civil service commission, The Wall Street Journal, European Economic Area, Roomba, Amazon, Federal Trade Commission, GPM, Defendant, RVC, News, Acquisition, IRBT, Bloomberg, Suite, Amazon (company), IRobot, Workforce, European Commission, Court

Then, on January 10, 2024, it was reported that Amazon did not offer concessions to the EC regarding concerns about the Merger.

Key Points: 
  • Then, on January 10, 2024, it was reported that Amazon did not offer concessions to the EC regarding concerns about the Merger.
  • On this news, iRobot’s stock price fell $7.33, or 19.8%, to close at $29.75 per share on January 10, 2024.
  • To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.
  • Glancy Prongay & Murray LLP, Los Angeles

New ClearSale Report Illustrates the Staggering Impact of False Declines

Retrieved on: 
Tuesday, April 9, 2024
Technology, Finance, Security, Fintech, Professional Services, Internet, Retail, Data Management, Online Retail, ClearSale, Partner, Federal Trade Commission, Fraud, Consumer, Social media, Prevalence, Baby boomers, AI, Appetite

Global risk technology solution provider, ClearSale ( www.clear.sale ), has released a comprehensive new report that sheds light on the prevalence and consequences of false positives, commonly known as false declines.

Key Points: 
  • Global risk technology solution provider, ClearSale ( www.clear.sale ), has released a comprehensive new report that sheds light on the prevalence and consequences of false positives, commonly known as false declines.
  • The highly anticipated report, Ecommerce False Declines & Consumer Behavior, takes a deep dive into the economy of false declines, uncovering their detrimental effects on both the customer journey and a retailer’s bottom line.
  • Widespread false declines are an issue: In 2022, 25% of respondents experienced false declines, with 36% encountering multiple instances.
  • False declines are impacting retailers' revenue: Alarmingly, 65% of false declines were later validated as legitimate transactions, resulting in significant revenue loss.

Bitdefender Enhances Digital Identity Protection for Consumers Worldwide

Retrieved on: 
Monday, April 8, 2024
Data Management, Security, Technology, Mobile, Wireless, Software, Networks, Internet, Identity theft, Health, Risk, Microsoft Outlook, Federal Trade Commission, MacOS, Social media, Microsoft Windows, Freezing, Fraud, Digital identity, Identity, IOS, Android, Gmail, Online shopping

Key Features include the following:

Key Points: 
  • Key Features include the following:
    Continuous Identity Protection Monitoring – Bitdefender Digital Identity Protection continuously monitors the internet and dark web to protect against the misuse of personal information.
  • Real-Time Alerting – Bitdefender Digital Identity Protection sends instant alerts when personal information is discovered in public data breaches or in cases of misuse such as account take-overs, social media hijacking, and financial fraud.
  • Robust Reporting – Bitdefender Digital Identity Protection delivers comprehensive, easy to understand reporting with rich visualizations to help users understand their digital identity footprint, exposure to data breaches, Identity Protection Score, and comparatives against the global community.
  • Bitdefender Digital Identity Protection is available now as a standalone subscription service or through an all-in-one plan including Bitdefender Ultimate Security or Bitdefender Premium Security .

Antitrust Lawyer Herb Allen Joins Honigman as Partner, Enhancing the Firm's Antitrust Capabilities

Retrieved on: 
Monday, April 8, 2024
Consulting, Professional Services, Legal, Vanderbilt University Law School, Honigman LLP, Justice minister, LLP, DOJ, Multimedia, Herb, Federal Trade Commission, Yale University, FTC

Honigman LLP announced today that Herb Allen has joined its Washington D.C. office as a partner in the firm’s antitrust group within the Litigation Department.

Key Points: 
  • Honigman LLP announced today that Herb Allen has joined its Washington D.C. office as a partner in the firm’s antitrust group within the Litigation Department.
  • Herb represents clients in antitrust litigation matters and defends M&A transactions under review by the Federal Trade Commission (FTC), Department of Justice (DOJ), and state antitrust enforcers.
  • "His deep expertise in antitrust matters will undoubtedly strengthen our offerings and elevate the services we provide to our clients."
  • Allen joins Honigman from Polsinelli PC, where he served as an Antitrust and Litigation Shareholder.

The Czechoslovak Group Highlights the Benefits of Its Planned Acquisition of Vista Outdoor’s Sporting Products Business, The Kinetic Group

Retrieved on: 
Monday, April 8, 2024
Defense, Aerospace, Manufacturing, Military, Government Technology, Other Defense, Contracts, Kinetic, Firearm, Vista Outdoor, Growth, CFIUS, Czechoslovak Group, JPMorgan Chase, Committee, Acquisition, CCI, Foreign investment, Kinetic Group, Fiocchi Munizioni, Plant, CSG, Hart–Scott–Rodino Antitrust Improvements Act, Federal, Federal Trade Commission

CSG also highlighted the benefits of its planned Acquisition:

Key Points: 
  • CSG also highlighted the benefits of its planned Acquisition:
    “CSG is a leading industrial technology company operating across strategic business segments including defense, aerospace, ammunition and mobility.
  • We look forward to successfully closing the Acquisition of The Kinetic Group and becoming the steward of such venerable American brands as Federal, CCI and Remington.
  • CSG understands the special importance to American consumers of the brands that are part of The Kinetic Group.
  • Working alongside Vista Outdoor, we are actively engaged in the process and believe we will secure all required approvals.

Shackelford, Bowen, McKinley & Norton Nashville Partners Named Among Top Music Lawyers by Billboard

Retrieved on: 
Monday, April 8, 2024
Entertainment, Legal, Professional Services, Music, Black River Entertainment, Organization, Music publisher, Woman, Performing rights, Publishing, LLP, Talent, Ticketmaster, Country music, The Recording Academy, Intellectual property, Country Music Association, Federal Trade Commission, Billboard

Shackelford, Bowen, McKinley & Norton, LLP entertainment and business litigation partner Lauren Kilgore and entertainment partner Lauren Spahn have been named to Billboard magazine’s 2024 list of Top Music Lawyers.

Key Points: 
  • Shackelford, Bowen, McKinley & Norton, LLP entertainment and business litigation partner Lauren Kilgore and entertainment partner Lauren Spahn have been named to Billboard magazine’s 2024 list of Top Music Lawyers.
  • Billboard’s annual Top Music Lawyers list recognizes the nation’s top attorneys who serve “on the front lines of the music industry’s legal battles and deals” in the categories of Talent & Litigation, Major Music Groups, Streaming, Live, Music Publishing, and Performing Rights.
  • She represents music festivals, music publishers, record labels, technology companies, recording artists, songwriters, and other entertainment industry clients.
  • The Top Music Lawyers for 2024 were selected by Billboard editors, based upon such factors as peer and colleague nominations, and the representation of clients with a notable music industry impact.

Notice of Cybersecurity Incident at GHC-SCW Involving Personal Health Information

Retrieved on: 
Tuesday, April 9, 2024
CISA, PHI, Address, Risk, Information technology, Death, State bureau of investigation, Privacy, Medicaid, FBI, Medicare, Federal Trade Commission, Medical device

Unfortunately, this notice is to inform individuals of a recent security incident that impacted their personal information.

Key Points: 
  • Unfortunately, this notice is to inform individuals of a recent security incident that impacted their personal information.
  • Their Information Technology (IT) Department purposefully isolated and secured their network, causing several of their systems to be temporarily unavailable.
  • On February 9, 2024, during their investigation, they discovered indications that the attacker had copied some of GHC-SCW's data, which included protected health information (PHI).
  • For additional guidance on steps to take to protect your personal information please visit ghcscw.com/cybersecurity/ or contact the Federal Trade Commission at www.ftc.gov or (877) 438-4338.

FTC and DOJ Host Third Annual Spring Enforcers Summit Virtually on April 8

Retrieved on: 
Tuesday, April 9, 2024
Consumer, Assistant, FTC, Social media, Policy, News, Security (finance), DOJ, Agriculture, Surface Transportation Board, Justice, Federal Trade Commission

|WHAT:||The Federal Trade Commission and the Justice Department’s Antitrust Division will cohost the third annual Spring Enforcers Summit, which will gather senior staff from both agencies, as well as other federal regulators, international competition enforcers and state attorneys general to discuss enforcement priorities and strategies for effective coordination.|

Key Points: 
  • |WHAT:||The Federal Trade Commission and the Justice Department’s Antitrust Division will cohost the third annual Spring Enforcers Summit, which will gather senior staff from both agencies, as well as other federal regulators, international competition enforcers and state attorneys general to discuss enforcement priorities and strategies for effective coordination.|
    |WHEN:||Monday, April 8, 2024, 9:15 a.m. to 12:15 p.m. ET|
    |WHERE:||The public sessions are free and will be held online.
  • Registration is not required to view the publicly streamed plenary sessions.
  • The FTC will never demand money, make threats, tell you to transfer money, or promise you a prize.
  • For the latest news and resources, follow the FTC on social media, subscribe to press releases and subscribe to the FTC International Monthly.

FTC Statement on Amendment to Global Partners, Gulf Oil Acquisition

Retrieved on: 
Tuesday, April 9, 2024
Partner, Partnership, Global Partners, Gulf Oil LP, Social media, Blog, News, Acquisition, Competition, Federal Trade Commission, FTC

Global Partners LP recently announced an amendment to its equity purchase agreement with Gulf Oil Limited Partnership in response to antitrust concerns raised by the Federal Trade Commission and the Office of the Maine Attorney General.

Key Points: 
  • Global Partners LP recently announced an amendment to its equity purchase agreement with Gulf Oil Limited Partnership in response to antitrust concerns raised by the Federal Trade Commission and the Office of the Maine Attorney General.
  • Under the revised purchase agreement, Global Partners has abandoned its proposed acquisition of Gulf Oil’s petroleum terminal in South Portland, Maine.
  • The FTC is pleased that Global Partners has abandoned its anticompetitive acquisition of Gulf Oil’s terminal in South Portland, Maine.
  • This acquisition threatened to limit competition and increase prices, affecting consumers who use heating oil and diesel fuel in and around the Portland area.