Illinois borrowers to receive $15 million in compensation
Think Finance forced to pay $384 million back to more than 191,000 people after Consumer Financial Protection Bureau said they deceived borrowers.
Source: theintelligencer.com
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Omers Private Equity Explores IPO of Transport, Logistics Firm Kenan
(Bloomberg) -- Omers Private Equity is exploring an initial public offering of Kenan Advantage Group, one of North America’s biggest tank truck transporter and logistics providers, according to people with knowledge of the matter.Most Read from BloombergIsrael Bracing for Unprecedented Direct Iran Attack in DaysApple Plans to Overhaul Entire Mac Line With AI-Focused M4 ChipsStocks Get Hit as War Jitters Fuel Rush to Bonds: Markets WrapRussian Attacks on Ukraine Stoke Fears Army Near Breaking Poi
Source: yahoo.com
FTC Orders Marketing Company to Refund Home Sellers
The FTC has ordered Opendoor Technologies to pay $62 million to nearly 55,000 home sellers because of its allegedly deceptive marketing claims.
Source: aarp.org
Sold your home to Opendoor? California sellers getting piece of $62 million settlement
Nearly 2,500 sellers are getting a median refund of $1,553 after the company "tricked them into thinking that they could make more money selling their home to Opendoor than on the open market," the FTC said.
Source: whittierdailynews.com
Opendoor Will Refund Homesellers $62M Under FTC Settlement
The federal agency will send checks to 54,689 consumers it says were deceived by advertising and marketing claims made by the iBuyer.
Source: inman.com