Sport Investors League
  • Politics
  • Stocks
  • Investing
  • Business

Sport Investors League

  • Politics
  • Stocks
  • Investing
  • Business
Business

Care.com settles charges it inflated jobs listings and forced membership renewals

by admin August 30, 2024
August 30, 2024
Care.com settles charges it inflated jobs listings and forced membership renewals

Aug 26 (Reuters) — Care.com, a platform for providing in-home care services to children, older adults and pets, agreed to pay $8.5 million to settle U.S. Federal Trade Commission charges it grossly inflated the number of available jobs and made it difficult to cancel memberships.

The settlement with the unit of IAC Inc (IAC.O) was filed on Monday in the federal court in Austin, Texas, and requires a judge’s approval.

It followed tens of thousands of complaints from Care.com customers, including many who thought they canceled memberships but were billed again. The $8.5 million will go toward refunds. Care.com did not admit or deny wrongdoing in agreeing to settle.

The FTC said Care.com enticed customers to buy auto-renewing memberships by overstating the number of jobs, or “gigs,” on its platform and how much people could earn from them.

It said Care.com knew or should have known a significant number of the jobs were unlikely to result in employment.

The FTC said Care.com then “frustrates” customers seeking to cancel by using deceptive website designs, including a “Submit” button that misleads them into believing they canceled, and a “Cancel” button that actually stops the cancellation process.

About 2.9 million U.S. consumers bought Care.com auto-renewing memberships between January 2019 and March 2022.

The settlement requires the Austin-based company to provide a “simple mechanism” for avoiding unwanted renewals, and back up employment claims on its website.

“Care.com used inflated job numbers and baseless earnings claims to lure caregivers onto its platform, and used deceptive design practices to trap consumers in subscriptions,” FTC consumer protection chief Samuel Levine said. “The order announced today puts a stop to these unlawful practices.”

In a statement, Care.com said it settled to keep its focus on helping families and caregivers.

It also said that as child and healthcare costs rise, “it is disappointing that the FTC has chosen to attack trusted businesses who are part of the solution.”

This post appeared first on NBC NEWS

0
FacebookTwitterGoogle +Pinterest
previous post
Lowe’s becomes latest company to dial back DEI efforts aimed at LGBTQ groups
next post
Buffett’s Berkshire Hathaway hits $1 trillion market value, first U.S. company outside of tech to do so

Related Posts

Walgreens doubles down on prescription-filling robots to cut...

May 13, 2025

Prebiotic soda brand Olipop valued at $1.85 billion...

February 13, 2025

Southwest to get rid of open seating, offer...

July 27, 2024

Cryptocurrency ‘pig butchering’ scam wrecks Kansas bank, sends...

August 23, 2024

Nvidia CEO Huang sells $15 million worth of...

June 26, 2025

Rent up, groceries down: Inflation cooled slightly in...

May 17, 2024

Tesla’s law firm drafts Delaware bill that could...

February 20, 2025

Stocks close higher, clawing back some losses from...

August 11, 2024

How Vuori reached a $5.5 billion valuation by...

December 20, 2024

Fox reveals plans to launch subscription streaming service...

February 6, 2025

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent

    • Don’t Overlook This Lagging Industry; I Believe It’s Set To Explode!

      July 7, 2025
    • Iran still wants a nuclear weapon despite ‘serious damage’ from US, Israeli strikes: expert warns

      July 7, 2025
    • Trump dismisses Musk’s political ambitions as ‘ridiculous’ in sharp rebuke

      July 7, 2025
    • Questcorp Mining Continues Exploration in Advance of Drilling at the La Union Gold & Silver Project in Mexico

      July 7, 2025
    • Week Ahead: NIFTY Set To Stay In A Defined Range Unless These Levels Are Taken Out; Drags Support Higher

      July 6, 2025

    Categories

    • Business (1,012)
    • Investing (2,543)
    • Politics (3,151)
    • Stocks (1,118)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: sportinvestorsleague.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 sportinvestorsleague.com | All Rights Reserved