Pursuits
Amazon.Com, Macy’s, Sears Settle FTC Mislabelling Claims
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Amazon.com Inc., Macy’s Inc. and Sears Holding Corp. agreed to settle U.S. government lawsuits over claims they misled consumers by selling rayon fabrics labeled as made from bamboo fiber.
The retailers, without admitting or denying the commission’s allegations, agreed to make payments to the government and to accept compliance monitoring and reporting, according to proposed settlements filed today in federal court in Washington. Leon Max Inc. agreed to settle a similar suit.