AG Platkin: Bumble Inc. to Pay Civil Penalty and Change Public Disclosures to Resolve Allegations its Internet Dating Services Misrepresented Criminal Background Screening Policies

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.

Attorney General Platkin Announces Settlement with TradeStation Crypto, Inc.

Florida Firm Agrees to Stop Selling Unregistered Securities.

Indiana Firearms Dealer Will Stop Selling Large Capacity Magazines into New Jersey, Pay Penalty to Resolve Investigation into Illegal Online Sales

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.

AG Platkin Leads Multistate Support for Wider Consumer Oversight of Digital Payment Services

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.

AG Platkin: NJ Bureau of Securities Files Enforcement Action Against a Former VP of Real Estate Investment Firm that Defrauded $630M from Investors Nationwide

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.

Florida-Based Broker-Dealers to Refund New Jersey Investors Charged Unreasonable Commissions on Small-Dollar Transactions

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.

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