Category: Overcharge

Judge Dismisses Claims That LinkedIn Overcharged Advertisers

A U.S. judge dismissed a lawsuit accusing Microsoft Corp.’s LinkedIn of inflating the number of people who watched video ads so the networking platform could overcharge hundreds of thousands of advertisers. In a decision on Monday, U.S. Magistrate Judge Susan van Keulen said that while some LinkedIn statements may have been misleading, the plaintiffs failed…


Wells Fargo to Pay $37.3 Million to Settle US Claims It Fraudulently Overcharged Customers

NEW YORK—Wells Fargo & Co. will pay $37.3 million to settle U.S. government claims it fraudulently overcharged commercial clients on foreign exchange services, the latest in a string of scandals over the bank’s treatment of customers. Monday’s settlement resolves U.S. Department of Justice civil fraud charges against the fourth-largest U.S. bank, and includes a $35.3…