Category Archives: Companies in the Spotlight

Companies in the Spotlight: CVS to Pay $11 Million to Settle DEA Accusations

The seal of the United States Drug En...

The seal of the United States Drug Enforcement Administration. (Photo credit: Wikipedia)

Source: DEA Press Release

APRIL 3 (WASHINGTON) — CVS Pharmacy, Inc., and Oklahoma CVS Pharmacy, L.L.C., (collectively “CVS”), have agreed to pay $11,000,000 to the United States to settle civil penalty claims for record-keeping violations under the Controlled Substances Act and related regulations, announced Administrator Michele M. Leonhart of the Drug Enforcement Administration and Sanford C. Coats, United States Attorney for the Western District of Oklahoma. Continue reading

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Companies in the Spotlight: UPS

UPS and Illegal Presciption Drugs

Today the DEA announced that UPS agreed to forfeit forty million dollars in a non-prosecution agreement offered by federal prosecutors. According to the press release (below) DEA obtained UPS’s full cooperation with the investigation.  However, UPS was allegedly on notice of the fact that it was being used to facilitate illegal prescription drug trafficking for at least five years.  In the past, Google has been penalized for its role in the marketing of illicit overseas drugs to American consumers via “Google adwords.” Some of those words are what many poor souls spend most of their waking energy in pursuit of: Percocet and Oxycontin. If you are unaware of what has been going on, thousands of American prescription pill addicts have been buying drugs online and having them shipped via UPS to the States. With Google and now UPS having been hit with steep financial disincentives for playing a role in this illegal marketplace, will it dry up?  Was Fedex investigated? American businesses have long profited from addiction.  Apparently, so has UPS.

 Press Release

DEA NEWS: UPS AGREES TO FORFEIT $40 MILLION Continue reading

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Companies in the Spotlight: Zipcar

About Zipcar

“Zipcar was recently purchased by another company,” I recently overheard someone tell her friend.

“I wonder how long it will take them to ruin it?” he asked.

Zipcar

Zipcar

In the past, Zipcar has cultivated the image of being a hip, progressive company that cares about its customers.  An abundance of carless urbanites,  parking spaces all over major American cities, and brutal $50 late fees, (about which a class action lawsuit in Massachusetts failed) kept Zipcar’s operation running smoothly and profitably.

At some point, Zipcar became of the apple of Avis’s eye.  Earlier this year, the rental car giant swallowed up Zipcar for about half a billion dollars. See: Bloomberg, “Avis Budget Embraces Car Sharing With Zipcar Acquisition”(2013) (here); CNN, “ZipCar CEO Scott Griffith resigns, hours after Avis acquisition” (2013) (here).  It should be interesting to see how Zipcar changes. The first thing that I expect will happen is that Zipcar’s persona will undergo a subtle transformation. The cutesy, friendly emails will remain, but Avis will find ways to squeeze more money out of “Zipststers” and in so doing, will tick off a lot of the customers who used to love Zipcar.

Zipcar Complaints

One recent complaint came to me the other day. The story went like so: Continue reading

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Companies in the Spotlight: Misconduct by Citizens Bank

August 12, 2015

CONSUMER FINANCIAL PROTECTION BUREAU ORDERS CITIZENS BANK TO PAY $18.5 MILLION FOR FAILING TO CREDIT FULL DEPOSIT AMOUNTS

CFPB, OCC, and FDIC Take Action Against Bank For Ignoring Deposit Discrepancies

WASHINGTON, D.C. – Today the Consumer Financial Protection Bureau (CFPB), the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) took action against Citizens Bank for failing to credit consumers the full amounts of their deposited funds. The bank kept money from deposit discrepancies when receipts did not match actual money transferred. Today’s CFPB consent order requires the bank to provide approximately $11 million in refunds to consumers and pay a $7.5 million penalty for the violations.

“Citizens Bank regularly denied customers the full credits of their deposits when there were discrepancies between deposit slips and the actual money transferred into the bank,” said CFPB Director Richard Cordray. “The bank chose to ignore these discrepancies and harmed many consumers by pocketing the difference.”

Today’s CFPB action is against Citizens Bank, N.A., formerly known as RBS Citizens Bank, N.A.; Citizens Financial Group, Inc., formerly known as RBS Citizens Financial Group, Inc.; and Citizens Bank of Pennsylvania. The bank operates retail branches in about a dozen states and among its various products and services are deposit accounts. For the period at issue, the bank generally required its customers making a deposit to fill out a slip listing the checks or cash being deposited, and their total. The customer then turned the deposit slip over to the bank and got a receipt reflecting the amount on the deposit slip for the transaction. The bank scanned the deposit slip and deposit items at a central location.

The CFPB investigation found that from January 1, 2008 to November 30, 2013, Citizens Bank violated the Dodd-Frank Wall Street Reform and Consumer Protection Act’s prohibition on unfair and deceptive practices by failing to properly credit consumers’ checking and savings accounts. In cases where the bank’s scanner misread either the deposit slip or the checks, or if the total on the deposit slip did not equal the total of the actual checks, Citizens Bank did not take action to fix the mistake if it fell below a certain dollar amount. Over the years, by ignoring the discrepancies the bank shorted consumers millions of dollars. Specifically, Citizens Bank:

  • Failed to credit consumers the full amount of their deposits: Citizens Bank frequently did not give consumers full credit for their deposits when the amount scanned on the deposit slip was less than the amount of the checks and cash deposited. The bank credited the consumer’s account with what was read on the deposit slip, not the actual sum of money the consumer transferred into the bank. Citizens only investigated and fixed errors when they were above a certain threshold. From January 2008 to September 2012, the bank only looked into discrepancies greater than $50. From September 2012 to November 2013, the bank only looked into discrepancies greater than $25.
  • Falsely claimed that it would verify deposits: Citizens Bank told consumers that deposits were subject to verification, implying that the bank would take steps to ensure consumers were credited with the correct deposit amount. But the bank’s practice was not to verify and correct deposit inaccuracies unless they were above the $25 or $50 threshold. Although some consumers benefited by this policy, others lost money that rightfully belonged to them. The CFPB concluded that many of those consumers were harmed by this unfair and deceptive practice.

Enforcement Action
Under the Dodd-Frank Act, the CFPB has the authority to take action against institutions engaging in unfair, deceptive, or abusive practices. Today’s order requires Citizens Bank to:

  • Pay approximately $11 million in redress to victims: Citizens Bank must pay $11 million to consumers who did not receive all the money that should have been deposited into their accounts. Citizens Bank must include any fees the consumer incurred related to the under-crediting, including but not limited to any overdraft fees, insufficient funds fees, and monthly maintenance fees. The bank must also include a reasonable estimate of interest on these amounts. Consumers are not required to take any action to receive their credit or check. If the consumers have an open account with the bank, they will receive a credit to their account. For closed accounts, Citizens Bank will send a check to the affected consumers.
  • End all violations of federal consumer financial law in connection with deposit discrepancies: Citizens Bank is prohibited from engaging in violations of unfair, deceptive, and abusive acts or practices in connection with deposit transactions. Among other things, this means the bank must properly review its compliance management system to ensure no further violations relating to its processing of deposits, it must not misrepresent its processing practices, and it must incorporate corrective actions if the bank fails to process deposits consistent with federal consumer financial law. The bank has made a significant technology investment over the past year to address the issue.
  • Pay $7.5 million civil penalty: Citizens Bank will make a $7.5 million penalty payment to the CFPB’s Civil Penalty Fund.

The CFPB is taking this action in coordination with the FDIC and the OCC. The FDIC separately ordered Citizens Bank of Pennsylvania to pay restitution and a $3 million civil penalty. The OCC separately ordered Citizens Bank, N.A., to pay restitution and a $10 million civil penalty. In total, Citizens Bank must pay about $11 million in consumer refunds and $20.5 million in federal penalties for these coordinated actions. As part of these actions, the FDIC and OCC are ordering additional relief relating to business accounts.

A copy of the CFPB consent order is available at: http://files.consumerfinance.gov/f/201408_cfpb_consent-order-rbs-citizens.pdf

Information about the FDIC action can be found at: https://www.fdic.gov/news/news/press/2015/

Information about the OCC action can be found at: http://www.occ.gov/news-issuances/news-releases/2015/index-2015-news-releases.html

*************************************************************************************************

Source: US Attorney’s Office Press Release (.pdf here).

Former Citizens Bank Teller Pleads Guilty to Embezzlement

Fraud

“A Good Bank Helps Guard Against Fraud.”

JANUARY 11, 2013
BOSTON – A Rhode Island woman was convicted today of embezzling more than $375,000 from the accounts of Citizens Bank customers.

Maria DaSilva, 44, pleaded guilty before U.S. District Judge Richard Stearns to violating the federal bank fraud statute.

From February 2008 through January 2012, while she was working as a bank teller at the North Attleboro branch of Citizens Bank, DaSilva embezzled over $375,000 from the accounts of three elderly bank customers by forging withdrawal slips on various accounts held by these customers.

Sentencing is scheduled for May 8, 2013. DaSilva faces up to 30 years in prison, to be followed by five years of supervised release and a $1,00,000 fine.

United States Attorney Carmen M. Ortiz and Richard DesLauriers, Special Agent in Charge of the Federal Bureau of Investigation Boston Field Division, made the announcement today. The case is being prosecuted by Assistant U.S. Attorney Jeremy Sternberg of Ortiz’s Economic Crimes Unit.

Citizens candy jar

Citizens candy jar

.

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Companies in the Spotlight: MyFeePlan.com & Backgroundfee.com

Fraud Warning:

Do not give your credit card information to:

There are many complaints online about these companies. They all follow a similar pattern:  the consumers say that they went on the site to seek a background check or some type of public records search, which the site says can be done for a fee of $1.00.  Continue reading

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Class Action Investigation: Western Union

Under Investigation: Western Union Speedpay® Fees

Western Union Speedpay

Western Union Speedpay

Have you ever used Western Union Services to make a payment over the Internet? Western Union Speedpay®, can be used to make payments for utilities such as eletricity or home home heating oil, phone bills, auto installment contracts (car payments), cable/satellite, credit cards, insurance bills, mortgages, government agencies, and to make other payments.  If you have used Western Union Speedpay® to make a payment online, please contact us.  We are investigating fees Western Union assesses for making such payments.

Information About Western Union

Hikmet Ersek is the President, Chief Executive Officer and Director of The Western Union Company, also known as Western Union Financial Services, Inc. Western Union is headquarted at 12500 East Belford Avenue, Englewood, CO 80112.  Western Union is publically traded on the New York Stock Exchange under the symbol WU.

According to Bloomberg, the CEO of Western Union received compensation of 6.9MM in 2012, and the company’s “Consumer-to-Business segment provides options to make one-time or recurring payments from consumers to businesses and other organizations, including utilities, auto finance companies, mortgage servicers, financial service providers, government agencies, and other businesses.”

The company got it’s start in 1851 in Rochester New York under the name “New York and Mississippi Valley Printing Telegraph Company. After a merger in 1855, the company was reborn as The Western Union Telegraph Company.  As the telephone replaced telegraphs around 1879, Western Union transitioned into the money transfer business. Western Union was one of the first companies listed on the New York Stock Exchange. Today, due to its steady acquisition of most of its competitors over the years, Western Union enjoys what many consider a monopoly on the U.S and global money transfer business.

Western Union & The Underground Economy

Does Western Union help support an illicit “Underground Economy?” The ability to send money without first depositing it into a checking account can sometimes be a convenience for legitimate purposes, such as quickly paying a bill, or sending cash to a friend or relative in need. However,  Continue reading

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Companies in the Spotlight: Apple

Is Apple a good company?
There have been criticisms of Apple’s use of child labor overseas.

image

Apple Store on Bolyston St. Boston MA

Why can’t iPhones be made by American adults under work conditions that are humane?

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Companies in the Spotlight: Victoria’s Secret

When is advertising inappropriate?

The use of young girls in advertisements geared toward an adult audience is startling and deeply wrong.  It should be obvious that sexually suggestive and adult-themed products should never be associated with images of young girls.  It should be a no-brainer that marketing activities along those lines would result in public outcry and irreparable damage to a brand. However, more and more marketing campaigns are shamelessly crossing this line.  It is as though some companies will abandon any socially acceptable concept of moral decency in order to more successfully peddle their products.  It also appears that Americans simply aren’t paying attention, or just don’t care.

Recently, I observed the perfume ad below in the walkway linking the Prudential Center Mall to the Mall at Copley Place. This ad uses a model who appears to me to be about eleven years old — to sell women’s perfume.

What is wrong with this picture?

How old is this model?

How old is this model?

* Continue reading

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Street King Energy Shots – 50 Cents? 24 Cents? 10 Cents?

Well known rapper Curtis Jackson, aka “50 Cent,” is promoting a new energy drink called “Street King.”  “G-Unit” (short for “Guerilla Unit,” is the nom de guerre of Jackson’s hiphop group.  Street King’s marketing campaign sets 50 Cents’ caffeinated, vitamin B-laced shot apart from other popular energy drinks such as 5 Hour Energy by claiming to give money to feed the world’s starving children.  I have questions about philanthropic claims being made by Street King which involve a relationship between Street King and the World Food Program.

Street King product packaging claims:

“Every energy shot sold provides a meal to a hungry child in partnership with the world’s leading charities. Details at streetking.com/giveback.”

Street King website claims:

“GIVE BACK Every energy shot sold provides a meal to a hungry child through the United Nations World Food Programme (WFP). To date we have funded over 3.5 million meals through WFP.”

According to the 2010 WFP annual report, the price of a meal is approximately 24 cents, as extrapolated from the following sentence: “Yum! and its brands have contributed nearly $85 million —or 350 million meals.”

However, an article describing Street King’s relationship with WFP, which cites a WFP spokesperson as a source states: “One ‘meal’ actually means a 10 cent donation to the WFP,” and “The formula of 1 energy drink = 1 meal = a 10 cent donation to the WFP.”

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Company in the Spotlight: Topical Index of Facebook Lawsuits

Cases filed matching “Facebook” – 226 records found on Pacer.gov – 196 records on Justia.com

Defamation (also Cyberbullying, Third-Party Content)
  • Finkel v. Facebook  – users posted defamatory material about plaintiff, fb has no responsibility for user generated content.

Ownership

Patent

Privacy – (Sharing Data With Advertisers)

  • Lane v. Facebook — about fb’s “Beacon” advertising platform and  dissemination of user information, Consolidated into In re Facebook Privacy Litigation.
  • Noble v. Facebook — regarding Facebook’s sharing of user information with advertisers.  Seeks class of all Facebook users who clicked on third-party ads between February 4, 2004, and May 21, 2010.

Privacy – Wiretapping by Cookies

  • Brkic v. Facebook, Inc –  (N.D. Calif. 2011) Complaint filed 11/5/2011 – Federal Wiretap Act, Unjust Enrichment, Intrusion Upon Seclusion, Trespass to Personal Property.
  • Davis et al v. Facebook – (N.D. Calif. 2011) Complaint filed 9/30/2011 – Federal Wiretap Act, 18 U.S.C § 2511, Stored Electronic Communications Act, 18 U.S.C. § 2701 Federal Computer Fraud and Abuse Act.18 U.S.C. § 1030

Privacy – Wiretapping by Cookies – Identical Complaints:

(E.D. Va. 2009).

Privacy – (Minors)

  • Cohen v. Facebook –alleges fb violated the privacy rights of California minors by exploiting their names and/or likenesses for profit, mainly through showing the minors’ information in association with “like” buttons.
  • Meth v. Facebook — alleged fb’s unauthorized use of minors’ names and/or likenesses without parental consent.

Privacy – (Wiretapping and Sharing User Data with 3rd Party Apps)

  • Marfeo v. Facebook, Inc. – Rhode Island, Complaint filed 6/17/2010, alleges fb uses cookies to violation Federal Wiretap Act, and shares information with 3rd party Apps, case was Ordered Consolidated and Transferred to Northern District of California into In Re: Facebook Litigation.
  • Wood v. Facebook – filed 11/30/2011., Complaint alleges fb tracks users after the log off and violates users’ privacy.
  • In Re: Facebook LitigationCalifornia, Complaint filed 10/11/2010

Facebook Litigation Overseas

Privacy – Facial Recognition

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Product in the Spotlight: Regeneca

Regeneca Launches “First-Ever All-Natural Erectile Dysfunction Pill Home Business” –  – Then Conducts “Voluntary” Recall After FDA Discovers Undisclosed ED Ingredient Which Could Cause Dangerous Medical Complications or Death – – Fires President

I thought Extenze was bad enough. The Regeneca company announced the unveiling of a home business opportunity selling “Regenerect.”  This is just what the world needs: a home business opportunity built around a boner pill made from oyster shells and other ingredients.  MLM meets Male Enhancement. Tupperware parties: from a bygone era.  Are Regnerect parties next?  Please don’t invite me.

Update: According to the FDA, some of the Regenerect sold to U.S. consumers has contained and undisclosed drug , although the company touted their product as being an all-natural supplement. Please read the FDA press release.

Update: “Sampling Parties” for Regenerect- see: http://www.facebook.com/regenerectintl.

Southern California Corporate Sampling Party! Wednesday, September 21 Sampling Party at our Corporate office in Irvine California. 7:00 PM we will have an open house where IBOs can invite their guests to stop by and sample our NEW Regeneca products, RegeneBlend and the new formulation of RegenErect as well as learn a little more about Regeneca and our plans of expansion here in the US and Internationally and the type of people we are looking for to help us with that.”

* * * * * * * *

Health & Medicine Week via NewsRx.com/April 4, 2011

Excerpts:

“2011 APR 4 – (NewsRx.com) — Over the past few decades there has been an ever increasing amount of “online opportunities” or “next big thing” year in and year out, and very few business ideas hold up to their hype…

What if…entrepreneurs had a…billion dollar product that gave people “instant gratification” and is something anyone of age would be interested in?

The erectile dysfunction, male impotence, sexual enhancement, male enhancement, male-confidence, and healthy lifestyle industry… niche of products [did] over a billion dollars in sales combined in 2010 alone…Viagra©, Cialis©, and Levitra©, and..Extenze…sell hundreds of millions a year and Billions a year combined. [With] this product….no prescription or embarrassing doctor visit is required [and is] half the price and twice as effective.

…ads and commercials on TV now mention extremely harsh side effects of taking [the other boner pills].  Men are risking their health and life for intimacy. Give a natural alternative product with a business opportunity of a lifetime in a proven and tested billion dollar industry and there is a very good chance of success… supply what is hot and what is in demand.

Regenerect is that billion dollar product… results people are getting [and] the positive feedback is truly amazing… free sample: http://www.RegenerectSpecialOffer.com

* * *
FDA 8/28/2011

Ethos Environmental, Inc. Issues a Voluntary Recall of Specific Lots Of The Dietary Supplement Regenerect

Contact:
Customer Service
(866) 925-9553

FOR IMMEDIATE RELEASE – April 28, 2011 – Ethos Environmental, Inc. announced today that it is conducting a voluntary nationwide recall of the company’s dietary supplement sold under the brand name Regenerect with the following Lot Numbers:

Regenerect Lot Numbers:
100521 – blue capsule sold individually in foil packets, expires 5/2012
112850 – clear capsule sold individually in foil packets, expires 11/2013

Ethos Environmental, Inc. is conducting a voluntary recall because FDA lab analysis has confirmed the presence of Sulfoaildenafil, an analogue of Sildenafil, making these products unapproved new drugs. Sildenafil is an FDA-approved drug used as treatment for male Erectile Dysfunction (ED). The active drug ingredient is not listed on the label for these products.

According to the FDA, use of these products may pose a threat to consumers because the analogue may interact with nitrates found in some prescription drugs (such as nitroglycerin) and may lower blood pressure to dangerous levels. FDA has advised that consumers with diabetes, high blood pressure, high cholesterol, or heart disease often take nitrates. FDA has advised that ED is a common problem in men with these conditions, and consumers may seek these types of products to enhance sexual performance.

Ethos Environmental, Inc. has distributed Regenerect via sales made over the internet to consumers in the United States of America and Puerto Rico.

Ethos Environmental, Inc. advises any customers in possession of the Regenerect product matching the lot numbers above to return any unused product for an exchange, or a full refund, to the company directly. Customers can call (866) 925-9553 (Monday through Friday from 6am to 6pm Pacific Time) for instructions on the return and exchange/refund process.

Ethos Environmental, Inc. is committed to improving its products and avoiding future recall issues by improving testing procedures. [IF THAT IS TRUE, HOW DID E.D. MEDICATION Sildenafil END UP IN THE PRODUCT – ARE PEOPLE SUPPOSED TO BELIEVE THIS WAS AN HONEST MISTAKE?] Ethos Environmental, in an effort to be abundantly cautious, is issuing a voluntary recall on the two lots, mentioned above, that did not comply with the newly adopted testing protocol of Ethos Environmental. The Company’s testing protocol and test results will be available on the Company’s website for all consumers. Any consumers requesting an exchange of product from the two lots in question will be receiving Regenerect product that has been subjected to the Company’s new testing procedures. Ethos Environmental promises its customers the highest possible quality and welcomes the recall process as further evidence of our commitment to our brands, products and consumers.

Any adverse reactions or quality problems experienced with the use of these products may be reported to the FDA’s MedWatch Adverse Event Reporting program either online, by regular mail or by fax.

Online: http://www.fda.gov/MedWatch/report.htm
Regular Mail: use postage-paid, pre-addressed Form FDA 3500 available at: http://www.fda.gov/MedWatch/getforms.htm. Mail to address on the pre-addressed form.
Fax: 1-800-FDA-0178

This recall is being conducted with the knowledge of the U.S. Food and Drug Administration.

###

Here is some more marketing junk about this boner from NewsRx.com

“Regenerect – Natural Male Stimulant by Regeneca
Supplementary Medicine, Nutrition
“Better Than Viagra? Lasts Twice as long as Cialis? No Serious Side Effects like Levitra?

Regenerect by Regeneca is the newest player in the “erectile dysfunction” industry. Drug-Products like Viagra, Cialis, and Levitra, and even such “male enhancement pills” as Extenze all have their downfalls, expensive prices, prescriptions, embarrassing doctor visits, and very questionable side effects. There is a new substitute and it is all natural, the first ever natural male erectile stimulant.

Regenerect is not a drug. It is a dietary supplement as a drug-free blend of herbal extracts and ingredients that naturally enhance and provide positive sexual response.

Regenerect is only made in the USA and not outsourced like other such products where ingredients can be tampered with and “mixed” wrong, thus causing all of the known side effects of those “drugs”. Regenerect has been tested thoroughly to ensure they are free of Tadalafil, Sildenafil, or Vardenafil by third party laboratories.

What are the Results I can expect from Regenerect by Regenca?

– Contains all natural herbal extracts

– Works within 90 days of digesting (drink plenty of water)

– More reliable and more effective stimulation response

– Allows for easier blood flow within the body for better enhancement

– Intenses desire, performance, and stamina

The Regenerect Ingredients Make this a Different Story

For the first time ever, Regeneca’s Regenerect has actually helped men achieve stimulation and positive erectile response without risking his health or life for that matter. Casual sexual activity is very healthy way to stay fit, feel satisfied, and live an active lifestyle. Because of other poor habits, such as diet and exercise, age can gradually decrease testosterone levels and desire (see also Supplementary Medicine, Nutrition).

Does Regenerect Really Work? How does It Work? How Long Does it Last?

Regenerect dietary supplement is a natural alternative solution to side effect prone drugs like Viagra, Cialis, and Levitra. Consumers do not need to go on an embarrassing doctor visit or a prescription, or pay $25 a pill or more. The proprietary blend of Regenerect makes this a natural performance enhancer that is going to help men achieve increased pleasure and experience.

Please visit http://www.iRegenerect.com for more information about Regeneca’s Natural Male Erectile Stimulant Regenerect.

Related LinksRegenerectHonest Regenerect ReviewsDoes Regenerect Work”

*     *    *    *     *

FDA – 6/28/2011

Recall: Unapproved Drugs Sold as Dietary Supplements

Two products sold as dietary supplements contain drugs that are not declared on the label:

* Slim Xtreme Herbal Slimming Capsule, sold 30 capsules per bottle, distributed by Globe All Wellness. All lots are recalled. The product was marketed for weight loss and sold nationwide through the Internet and at the company’s headquarters in Hollywood, Fla.

* Regenerect, by Ethos Environmental Inc., lot number 100521 (blue capsule sold individually in foil packets, expires 5/2012) and lot number 112850 (clear capsule sold individually in foil packets, expires 11/2013).  Regenerect was sold in the U.S. and Puerto Rico through the Internet.

Slim Xtreme Herbal Slimming Capsule contains the controlled substance sibutramine, which was withdrawn from the U.S. market in October 2010 for safety reasons.  Regenerect contains a compound (sulfoaildenafil) of an active ingredient in an FDA-approved drug used to treat erectile dysfunction.

Risk: Sibutramine (found in Slim Xtreme) is known to substantially increase blood pressure or pulse rate in some people-especially those with a history of heart disease or stroke. This product may also interact in life-threatening ways with other medications a person may be taking. Sulfoaildenafil (found in Regenerect) may interact with prescription drugs known as nitrates, including nitroglycerin, and cause dangerously low blood pressure. People with diabetes, high blood pressure, high cholesterol, or heart disease often take nitrates.

Recommendations

*Do not use Slim Xtreme, or Regenerect lot numbers 100521 and 112850.

*If you have used either of these products and have any negative side effects, call your health care professional as soon as possible.

*If you have questions about Slim Xtreme or need instructions for returning the product, call 954-922-1133 Monday through Friday from 9 a.m. to 4 p.m. Eastern Standard Time.

*If you have questions about Regenerect or need instructions for returning the product, call 866-925-9553 Monday through Friday from 6 a.m. to 6 p.m. Pacific Time.

For More Information

Tainted Weight Loss Products

Hidden Risks of Erectile Dysfunction “Treatments” Sold Online

*     *     *     *     *

Regeneca, Inc. Press Release, 8/22/2011

Regeneca, Inc. Announces Termination of President
IRVINE, Calif., Aug 22, 2011 (GlobeNewswire via COMTEX) — Regeneca, Inc. RGNA +2.56% today announced that the Board of Directors has terminated Adam Vincent Gilmer as President effective as of August 19, 2011. In order to reduce overhead and increase efficiency, the Board has determined to temporarily consolidate the position of President and CEO, and Matt Nicosia, CEO, will assume the duties of President until the Board deems that a division of duties is necessary.

Dwight Baron, a member of the Company’s Board of Directors, commented, “We believe that this action is in the best interests of our shareholders, and provides the company the greatest opportunity for success.”

About Regeneca, Inc.

Regeneca, Inc. RGNA +2.56% was formed to create and commercialize premium products that help to improve health and fight the signs and symptoms of aging for a complete life of wellness and happiness, including our natural male enhancement product – RegenErect. We do this while drawing our products from the earth in an ethical strategy that will emphasize regrowth, reforestation and recycling. This is our “Whole Earth Whole Body” approach to health. More information can be found about Regeneca, Inc. at http://www.regeneca.com .

FORWARD-LOOKING STATEMENTS

This press release may contain forward-looking statements, including, but not limited to, statements regarding Regeneca, Inc. and their plans, products and related market potential. Forward-looking statements may be identified by the use of the words “anticipates,” “expects,” “intends,” “plans,” “should,” “could,” “would,” “may,” “will,” “believes,” “estimates,” “potential,” or “continue” and variations or similar expressions. These statements are based upon the current expectations and beliefs of management and are subject to certain risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. These risks and uncertainties include, but are not limited to, risks and uncertainties discussed in Regeneca, Inc.’s filings with the Securities and Exchange Commission, which factors are incorporated herein by reference. Readers are cautioned not to place undue reliance on any of these forward-looking statements. Regeneca undertakes no obligation to update any of these forward-looking statements to reflect events or circumstances after the date of this press release or to reflect actual outcomes.

This news release was distributed by GlobeNewswire, http://www.globenewswire.com

SOURCE: Regeneca, Inc.

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Companies in the Spotlight: Upper Crust Pizzeria to face federal review

By Jenn Abelson Globe Staff / October 12, 2011

“A federal grand jury is scheduled to hear testimony this week about the alleged exploitation of immigrant workers at Upper Crust Pizzeria, according to several sources with direct knowledge of the inquiry.

Previous coverage

Labor troubles at Upper Crust

Labor troubles at Upper Crust

Reporter Jenn Abelson covered complaints from former employees – and a probe by the US Department of Labor – on employment practices at the pizza chain.

“Earlier this year, the Globe reported that at least two federal agencies, the Department of Labor and Immigration and Customs Enforcement, were investigating the Boston-based pizza chain.

The labor department is looking into accusations that Upper Crust rescinded thousands of dollars in back overtime payments the agency required the company to make to employees in 2009. Immigration officials have been examining whether Upper Crust harbored and exploited illegal immigrant workers…”

Read the rest of the Globe story here

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