Misleading

Illustration by Alex Castro / The Verge New York Attorney General Letitia James is suing crypto company Nexo, alleging that the company misled customers by saying it was registered to sell securities and commodities and that it wasn’t approved to offer services like its “Earn Interest Product” that promised returns on deposited crypto. It’s the latest legal move in a fight between regulators and crypto companies looking to offer interest-earning accounts, often insisting that they shouldn’t be…

US aerospace major Boeing will pay $200 million and its former CEO will pay $1 million to settle charges over misleading investors after the two deadly crashes involving 737 MAX planes, the Securities and Exchange Commission (SEC) said. The crashes of Lion Air Flight 610 in October 2018 and Ethiopian Airlines Flight 302 in March 2019 involved the 737 MAX airplane and a flight control function called the Maneuvering Characteristics Augmentation System, reports Xinhua news agency. According to the SEC’s orders, after the…

has agreed to pay $200 million to settle charges from the Securities and Exchange Commission. The agency found that Boeing made "materially misleading public statements" related to involving its aircraft. The company's former CEO Dennis Muilenburg will also pay $1 million to settle charges. The SEC alleged that Boeing and Muilenburg violated the antifraud provisions of federal securities laws. They neither admitted to nor denied the agency's findings. The SEC alleged that, after the first crash in October 2018, which…

A Boeing 737 MAX 7 aircraft lands during an evaluation flight at Boeing Field in Seattle, Washington, September 30, 2020.Lindsey Wasson | ReutersBoeing will pay $200 million and it then-CEO Dennis Muilenburg will pay $1 million to settle charges over misleading investors in the wake of two deadly crashes of 737 Max jetliners, the Securities and Exchange Commission said."There are no words to describe the tragic loss of life brought about by these two airplane crashes," said SEC Chair Gary Gensler in a statement.The two…

A Tesla owner has sued the electric car maker, saying the company and its CEO Elon Musk are “deceptively and misleadingly” marketing the Autopilot and “Full Self-Driving” software. Briggs Matsko from California said that he paid a $5,000 premium for his 2018 Tesla Model X to get ‘Enhanced Autopilot’, which was sold as a precursor to FSD software that now costs $15,000 but is still in the Beta phase. “Plaintiff brings this consumer class action lawsuit to hold Tesla and its representatives, including CEO Elon Musk,…

The Surrey police force in the UK has found itself at the center of a controversy after one of its official Twitter accounts shared how some officers use Waze to encourage drivers to slow down. In a spotted by , the department’s Roads Policing unit revealed it uses the crowdsourced navigation app to share misleading information. “We definitely don’t drop police markers on Waze at random points on our patrol, nope - never,” the unit said, adding a winking emoji for good measure. “An easy way to get drivers to slow down on…

Tucker Carlson, a political commentator on Fox News, has long assailed Anthony Fauci for his role in the U.S. government’s response to the COVID-19 pandemic during both former President Donald Trump’s and President Joe Biden’s administrations. But on 22 August, when Fauci announced he would be retiring from his jobs as director of the U.S. National Institute of Allergy and Infectious Diseases (NIAID) and chief medical adviser to the president at the end of year, the Tucker…

Following the Supreme Court’s decision to overturn Roe v. Wade, Yelp announced Tuesday that it would add a new consumer notice to crisis pregnancy centers to better distinguish them from clinics that provide abortion services. Starting today, Yelp’s new notices will appear at the top of faith-based and non-faith-based crisis pregnancy center listings in the app, as first reported by Axios. The new feature prominently displays an alert notifying users that these centers “typically provide limited medical services and…

via Prime Video If your entire knowledge of lo-fi mystery thriller Encounter came entirely from the trailers and marketing materials, then you may have been left feeling somewhat short-changed by the time the credits come up. Not to dive too far down the rabbit hole marked “massive spoilers”, but there was some muted backlash on social media towards the misleading nature of the promotional campaign, even though the end product did offer yet another reminder that Riz Ahmed is one of his generation’s finest…

Google Maps continues to show results for anti-abortion crisis pregnancy centers (CPCs) when users search for a nearby abortion clinic. A new analysis from Bloomberg shows that CPCs make up about a fourth of the top 10 search results on average in all 50 states and Washington, DC. Unlike legitimate abortion clinics, CPCs don’t actually provide abortions. They instead attempt to dissuade people from going through with the procedure and often use misinformation to make their case. For example, CPCs may falsely claim that…