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Saturday, jan 4
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Consumer Protection Laws
News
13 Wildwood Retailers Busted Selling Illegal Flavored Vape Products, AG Says
Nineteen retailers across New Jersey are facing $4,500 after an investigation found they'd been selling flavored vape products banned in the Garden State, the NJ Attorney General's Office said. All 19 stores were issued a Notice of Violation after they were found to have violated the state's consumer protection laws, AG Matthew Platkin said. The enforcement actions are the result of a Division investigation into unlawful sales of flavored electronic smoking devices and products, including mint, candy, fruit, and chocolate flavors, Platkin said. The Division launched its investigation…
News
Settlement Provides $1.85 Billion In Nationwide Relief To Students Who Got Loans From Navient
One of the nation’s largest student loan servicers has agreed to relieve $1.85 billion in loan debt to help settle a blockbuster lawsuit filed by 38 states and the District of Columbia, authorities announced Thursday. Under the terms of the settlement, Navient Corp and its subsidiary Navient Solutions LLC will make restitution payments of roughly $260 each to 350,000 borrowers, Acting New Jersey Attorney General Andrew J. Bruck said. It will also cancel more than $1.7 billion in subprime private student loans owed by 66,000 or so borrowers nationwide, he said. The settlement includes appro…