The FTC says don’t pay for loan forgiveness if you attended DeVry University 

Source: Did you attend DeVry? Don’t pay for loan forgiveness | Consumer Information Are you a former student of DeVry University — or of any other college — who’s heard from a company that’s promising to get your loans forgiven after you pay them a fee? We have an important piece of advice: don’t do … More The FTC says don’t pay for loan forgiveness if you attended DeVry University 

Corporate Responsibility for Human Trafficking in the Supply Chain

In our world of increased globalization and worldwide movement of goods and capital, companies can face legal liability if they fail to guard against human trafficking not just in their direct operations but also in their supply chains. Legal liability can, in turn, hurt the reputation of companies and the interests of their investors. This … More Corporate Responsibility for Human Trafficking in the Supply Chain

More than one million children are estimated to work in Ivory Coast’s cocoa industry

Building schools and educating children is the best way to stamp out child labor on Ivory Coast cocoa farms, a charity working in the world’s largest cocoa producer said on Thursday. Source: Boost education to cut child labor on Ivory Coast cocoa farms: charity More than one million children – some as young as five … More More than one million children are estimated to work in Ivory Coast’s cocoa industry

Taking Apart the Business of Human Trafficking Brick by Brick

This year marks the 150th anniversary of the ratification of the 13th Amendment, which abolished slavery in the United States. Yet in the world today there are an estimated 20.9 million people enslaved, and the United States is both a source and destination of victims. While the United States would have a moral responsibility to … More Taking Apart the Business of Human Trafficking Brick by Brick

Palm Oil, Timber, Cattle, and Soy are the “Big 4” Commodities Linked to Labor Trafficking

Source: Labor Trafficking and the “Big Four 4”   Palm oil, timber, cattle, and soy are the top commodities linked to environmental and social challenges, earning them the moniker the “big four.” Allie Goldstein highlighted these products’ effects on deforestation in her piece “Almost everything you buy, from cereal to mascara, is killing the rain forest.” … More Palm Oil, Timber, Cattle, and Soy are the “Big 4” Commodities Linked to Labor Trafficking

Spinning Profits Out of Whole Cloth: What Is That Silk Purse Made Out Of?

Numbers in financial reports differ from reality more often, raising the question of whether investors truly understand the businesses they own. Source: Fantasy Math Is Helping Companies Spin Losses Into Profits How can a company turn losses into profits? By excluding some of its costs of doing business. Among the more common expenses that companies … More Spinning Profits Out of Whole Cloth: What Is That Silk Purse Made Out Of?

$50,000 in sanctions requested in MLB class action

The motion requests $50,000 against an objector and his New York counsel. But it is really aimed at a Texas lawyer who is the scourge of class action counsel. Source: Infamous objectors’ counsel targeted in sanctions motion in MLB class action Why the extreme tactic of moving for sanctions against a firm that has already … More $50,000 in sanctions requested in MLB class action

Is “spoofing” just bluffing, or a gray area of the law?

Source: Trading ‘Spoofer’ Must Be Stopped, Chicago Regulators Will Argue Spoofing was made a criminal offense by the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act.  It is a misdirection ploy that allows traders to buy futures contracts at a slightly lower price or to sell them slightly higher. It is accomplished by placing … More Is “spoofing” just bluffing, or a gray area of the law?

Volkswagen Reserves $18 Billion For Diesel Fraud

The automaker said it had lost $6.2 billion in 2015, and the German government on Friday ordered a recall of 630,000 diesel vehicles from VW and other automakers. Source: VW, Setting Aside $18 Billion for Diesel Scandal Costs, Reports Record Loss There were indications on Friday that controversy about diesel engines was spreading to other … More Volkswagen Reserves $18 Billion For Diesel Fraud

For-Profit Colleges – YouTube

The number of for-profit colleges in the United States rose dramatically during the rcession, as did the number of American returning to school, hoping a college degree would help their jobs prospects. But former students say the degree is not worth the price.  Former employees of for-profit colleges who describe the tactics used to enroll students in high … More For-Profit Colleges – YouTube