Consumer Protection News. Crime Stories, Law on News and Legal Publications in December, 2011

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Mortgages paid down by record £9bn in quarter
The IndependentDecember 1, 2011

It was the highest negative figure since comparable records began in 1970 and means the total amount owed on mortgages has fallen by £92.9bn since the height of the credit crunch. Homeowners spent the equivalent of 3.5 per cent of their take-home pay ...more »

Faruqi & Faruqi, LLP Announces Investigation of Commercial Metals Company
MarketWatch (press release)December 1, 2011

Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation. The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and ...more »

Consumer Protection News and Stories

Confidentiality
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Focus: Cloud computing – what you need to know
Allens Arthur RobinsonDecember 14, 2011

Often, prevention is the only true cure for the loss of information's confidential or secret nature, and businesses should keep this in mind when deciding what information to include in the cloud. The legal issues guide recommends that contracts ...more »

Food Poisoning
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Report: Brazil great Socrates, 57, dies
FOXSports.comDecember 4, 2011

The star of the 1982 World Cup was rushed to Sao Paulo's Albert Einstein Hospital late Thursday after suffering food poisoning and was said to be in critical condition in its intensive care unit Saturday. Despite briefly responding to a stronger ...more »

Consumer Disputes
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Insurance firm told to clear claim for stolen taxi
Indian ExpressDecember 4, 2011

UT consumer Disputes Redressal Forum-I has held that in case of theft of a vehicle or complete damage suffered by it, the insurance company has to pay the full amount. It does not matter whether the vehicle was being used for commercial purposes or for ...more »

Police & Fire
Juneau EmpireDecember 1, 2011

This report contains information provided to the Empire from law enforcement agencies. This report includes arrest and citation information, not conviction information. Anyone listed in this report is presumed innocent. • At 5:09 pm Monday, ...more »

Product Reclamation
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State gets money to clean up abandoned mines
Charleston GazetteDecember 16, 2011

The AML program was created under the Surface Mining Control and Reclamation Act of 1977 to finance the cleanup of mining lands left unreclaimed before the law was enacted. In 2006, when Rahall was chairman of the House Natural Resources Committee, ...more »

Consumer Protection
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Nasaa Rolls Out Program For Advisors Switching From SEC To State Registration
Financial Advisor MagazineDecember 2, 2011

... by the Dodd-Frank Wall Street Reform and Consumer Protection Act. The Dodd-Frank Act requires investment advisors with assets under management of between $25 million and $100 million to switch from federal to state registration by mid-2012. ...more »

Stolen Identity
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Identity theft, credit card fraud on the rise
News10.netDecember 2, 2011

The Bureau of Justice Statistics defines identity theft as the unauthorized use or attempted misuse of an existing credit card or other account, the unauthorized use of personal information to open a new account or for other fraudulent purposes, ...more »

Credit Cards Fraud
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Grieving family victim of scam artists
Brownsville HeraldDecember 3, 2011

Treviño said banks and credit card company will never contact a customer to ask for a debit card pin number or social security number. "Never give out any personal information over the phone," he said. The man whose family was victimized in the scam...more »

Unsafe Products
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Reform the Foreign Corrupt Practices Act
The National Law JournalDecember 2, 2011

Companies found guilty of paying bribes, or of failing to accurately describe the bribes in their financial records, have had to pay billions of dollars in fines and have faced the possibility of debarment from government contracts. Why so much money? ...more »

Credit Repair
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Scientists may be able to double efficacy of radiation therapy
PhysOrg.comDecember 16, 2011

Credit: Phil Jones, GHSU Photographer Scientists may have a way to double the efficacy and reduce the side effects of radiation therapy. Georgia Health Sciences University scientists have devised a way to reduce lung cancer cells' ability to repair the ...more »

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