Consumers Sue Amazon for Alleged Price Gouging

ECOMMERCEBYTES

Consumers in California filed a federal lawsuit against Amazon for alleged price gouging during the coronavirus pandemic, according to Law360.

The publication for law professionals said the lawsuit claims high-demand items – including face masks and cold remedies – showed “flagrantly unlawful” price increases. read more »

Hard-hit restaurants, gyms and other businesses are battling insurers over the coronavirus, sparking a new Washington lobbying war

WASHINGTON POST

A multibillion-dollar standoff between the nation’s leading insurers and the restaurants, hotels, gyms and theaters that purchase their policies has spilled into some of the most powerful corridors of Washington, as both sides clash over who should foot the sky-high costs of the coronavirus outbreak.

The battle hinges on whether insurance providers should have to pay claims to companies that have shuttered unexpectedly as a result of the deadly pandemic. read more »

Pennsylvania Attorney Pleads Guilty for Role in $2.7 Million Ponzi Scheme

DOJ

An Allentown, Pennsylvania, attorney pleaded guilty today for his role in a $2.7 million investment fraud scheme that victimized his law clients.  

Todd H. Lahr, 60, of Nazareth, Pennsylvania, pleaded guilty before U.S. District Judge Edward G. Smith of the Eastern District of Pennsylvania to one count of conspiracy to commit securities fraud and wire fraud, two counts of securities fraud and four counts of wire fraud. read more »

Zoom releases security updates in response to 'Zoom-bombings'

THE GUARDIAN

Company has struggled to meet security needs as user base has risen sharply amid coronavirus lockdown. read more »