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Match Group Settles With The FTC

Ever signed up for a dating site and felt like you got a raw deal? You're not alone. The Federal Trade Commission (FTC), the government agency that protects consumers, recently took a major stand against some of the biggest names in online dating. ⚖️ The FTC has reached a settlement with Match Group, the parent company of popular dating sites like Match.com, OkCupid, PlentyOfFish, and The League. The company has agreed to pay $14 million and change its business practices to resolve charges that it tricked consumers. What Were the Allegations? 🤔 The FTC's complaint, filed in 2019, alleged that Match Group engaged in three main unfair and deceptive practices: Misleading Guarantees: Match.com advertised a "six-month guarantee" for users who didn't "meet someone special." However, the FTC claims the company failed to clearly disclose all the fine print. Consumers had to jump through a bunch of hoops and meet specific, often difficult, requiremen...

HUD, PARTNERS BREAK GROUND AT ST. BERNARD SITE TO BRING NEW MIXED-INCOME COMMUNITY TO NEW ORLEANS

(HUD) NEW ORLEANS - U.S. Housing and Urban Development Secretary Steve Preston joined General Douglas O'Dell, Mayor Ray Nagin and other partners today to break ground at the former St. Bernard public housing site and make way for Columbia Citi Residences at Bayou District, a new mixed-income community. This historic groundbreaking marks the start of HUD's ambitious effort to redevelop four of New Orleans' large public housing developments that suffered from massive flooding after Hurricane Katrina in 2005. "This groundbreaking builds on a commitment HUD made to create communities that are inclusive, better and safer than what families had before," said Preston. "We promised you new housing, a new community, and a better life. This groundbreaking marks the start of fulfilling that promise." More...