Attorney General Matthew J. Platkin and the Division of Consumer Affairs (“Division”) announced today that Texas-based internet dating service provider Bumble, Inc. will pay $315,000 and change its business practices to settle allegations it violated New Jersey’s consumer protection and internet dating safety laws by misrepresenting or failing to disclose its criminal background screening policies and practices to its New Jersey users.
Florida Firm Agrees to Stop Selling Unregistered Securities.
Attorney General Matthew J. Platkin and the Division of Consumer Affairs today announced that an Indiana-based firearms dealer has agreed to stop advertising, offering for sale, and selling large capacity magazines (“LCMs”) to New Jersey residents, and prevent the ordering and shipping of its LCMs to any New Jersey addresses, in order to resolve allegations stemming from an undercover investigation conducted by the Division.
Attorney General Matthew J. Platkin yesterday led a coalition of Attorneys General to support a proposed federal rule that would expand supervisory authority over certain nonbank companies to ensure that such companies are subject to the same regulatory oversight as banks, credit unions, and other traditional financial institutions.
Attorney General Matthew J. Platkin announced today that the New Jersey Bureau of Securities within the Division of Consumer Affairs has filed a civil enforcement action against the former vice-president of an NJ-based real estate investment firm that defrauded investors nationwide.
The Office of the Attorney General and the Division of Consumer Affairs today announced that the Bureau of Securities has joined a multi-state settlement with two Florida- based broker-dealers that have agreed to pay at least $8.25 million in refunds to investors who were charged unreasonable commission fees on small-dollar transactions.