The settlement comes after complaints were filed against the companies accusing them of making deceptive claims about products supposedly made from bamboo.
– Walmart and Kohl’s agreed to pay a collective $5.5 million in penalties as part of a settlement related to accusations of deceptive advertising from the companies.Thursday that Walmart Inc. and Kohl’s Inc. paid $3 million and $2.5 million in civil penalties respectively in the settlement.
In filed complaints, the government alleged that Walmart and Kohl’s advertised products as made of bamboo when they were actually made of rayon and did not contain any bamboo fibers.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Chelsea Soccer Club Bought by Todd Boehly-Led Group in $5 Billion Deal, Ending Abramovich EraA consortium led by Todd Boehly has struck a deal reportedly worth £4.25 billion ($5.24 billion) to acquire top English Premier League soccer club Chelsea FC, one of the highest price tags ever agr…
Leer más »
Nvidia fined $5.5M by SEC over failing to disclose crypto as revenue generatorCryptocurrencies are extremely volatile and the U.S Securities and Exchange Commission said Friday that the Santa Clara company did not disclose to investors in 2018 the potential future risks of such sales.
Leer más »
New Zealand VC Launches $5 Million Web3 and Crypto-Focused Fund – Finance Bitcoin NewsNawaz Ahmed's work grants GD1 a vital platform to test the fund's 'thesis around the concept of permissionless innovation that web3 is built on.' permissionless
Leer más »
Friday's deals: $29 Roku, $5 smart plugs, $13 Beckham pillows, $45 coffee maker, moreToday's best Amazon deals include a 4K Roku player for $29, Alexa smart plugs for $5 each, best-selling Beckham bed pillows, and more.
Leer más »
Chelsea Soccer Club Bought By Todd Boehly-Led Group For $5 Billion, Ending Abramovich ConnectionThe future of Chelsea Soccer Club looks assured, with the London Club announcing its new owners today. Following the freezing of the assets of former owner, Russian oligarch Roman Abramovich, on hi…
Leer más »
These $5 Hair Tie Bundles Have Customers Ditching Their Scrunchies Because They Don't Dent Your HairThis bestselling hair tie set has customers throwing out their old scrunchies and bands for these non-denting hair coils.
Leer más »