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Delaware News



  Category: Consumer Protection


Statewide consumer shredding events offered this fall

Consumer Protection | Department of Justice | Department of Justice Press Releases | Fraud | Date Posted: Thursday, September 18, 2014

Attorney General Beau Biden announced that his Consumer Protection Unit is hosting three free consumer shredding events this fall to help consumers guard against identity theft. Each event will feature free on-site document shredding and staff will be on-hand to provide information and answer questions about consumer frauds and scams.




J.P. Morgan Securities to pay $51,400 to Biden’s Investor Protection Unit

Consumer Protection | Department of Justice | Fraud | Investor Protection | Date Posted: Thursday, September 11, 2014

Attorney General Beau Biden announced Thursday that J.P. Morgan Securities has paid the Delaware Department of Justice $51,400 as a result of a settlement with the Attorney General’s Investor Protection Unit. The settlement resolves a multi-state investigation which found that J.P. Morgan Securities failed to ensure that its agents were properly registered in Delaware and other states, and failed to properly record data on trades executed in Delaware and other states.




Pfizer to pay $35 million to resolve allegations of improper marketing of popular organ transplant drug

Consumer Protection | Department of Justice | Department of Justice Press Releases | Investor Protection | Date Posted: Wednesday, August 6, 2014

Attorney General Beau Biden announced today that his office has joined 41 other State Attorneys General in reaching a $35 million nationwide settlement with Pfizer Inc, as parent of Wyeth Pharmaceuticals Inc., over allegations the company unlawfully promoted Rapamune, an immunosuppressive drug currently approved by the FDA for use in preventing organ rejection after kidney transplant surgery.




Biden acts to protect military servicemembers from predatory lending scheme

Consumer Protection | Department of Justice | Department of Justice Press Releases | Fraud | Date Posted: Tuesday, July 29, 2014

Wilmington – Delaware Attorney General Beau Biden has joined the Consumer Financial Protection Bureau and 12 other states in a settlement with a consumer lender commonly known as Rome Finance Company that resolves allegations the lender, which specialized in providing consumer financing to military servicemembers, engaged in predatory lending practices that cost servicemembers tens of […]




Biden acts to protect Delaware homeowners from mortgage rescue scam

Consumer Protection | Department of Justice | Department of Justice Press Releases | Date Posted: Wednesday, July 23, 2014

Today, Attorney General Beau Biden a filed a lawsuit against a California-based company alleging it operates a mortgage rescue and loan assistance scam that illegally collects large upfront fees from Delaware consumers facing financial distress with the promise to secure loan modification or other relief from their mortgage lenders.







  Category: Consumer Protection

Statewide consumer shredding events offered this fall

Consumer Protection | Department of Justice | Department of Justice Press Releases | Fraud | Date Posted: Thursday, September 18, 2014

Attorney General Beau Biden announced that his Consumer Protection Unit is hosting three free consumer shredding events this fall to help consumers guard against identity theft. Each event will feature free on-site document shredding and staff will be on-hand to provide information and answer questions about consumer frauds and scams.




J.P. Morgan Securities to pay $51,400 to Biden’s Investor Protection Unit

Consumer Protection | Department of Justice | Fraud | Investor Protection | Date Posted: Thursday, September 11, 2014

Attorney General Beau Biden announced Thursday that J.P. Morgan Securities has paid the Delaware Department of Justice $51,400 as a result of a settlement with the Attorney General’s Investor Protection Unit. The settlement resolves a multi-state investigation which found that J.P. Morgan Securities failed to ensure that its agents were properly registered in Delaware and other states, and failed to properly record data on trades executed in Delaware and other states.




Pfizer to pay $35 million to resolve allegations of improper marketing of popular organ transplant drug

Consumer Protection | Department of Justice | Department of Justice Press Releases | Investor Protection | Date Posted: Wednesday, August 6, 2014

Attorney General Beau Biden announced today that his office has joined 41 other State Attorneys General in reaching a $35 million nationwide settlement with Pfizer Inc, as parent of Wyeth Pharmaceuticals Inc., over allegations the company unlawfully promoted Rapamune, an immunosuppressive drug currently approved by the FDA for use in preventing organ rejection after kidney transplant surgery.




Biden acts to protect military servicemembers from predatory lending scheme

Consumer Protection | Department of Justice | Department of Justice Press Releases | Fraud | Date Posted: Tuesday, July 29, 2014

Wilmington – Delaware Attorney General Beau Biden has joined the Consumer Financial Protection Bureau and 12 other states in a settlement with a consumer lender commonly known as Rome Finance Company that resolves allegations the lender, which specialized in providing consumer financing to military servicemembers, engaged in predatory lending practices that cost servicemembers tens of […]




Biden acts to protect Delaware homeowners from mortgage rescue scam

Consumer Protection | Department of Justice | Department of Justice Press Releases | Date Posted: Wednesday, July 23, 2014

Today, Attorney General Beau Biden a filed a lawsuit against a California-based company alleging it operates a mortgage rescue and loan assistance scam that illegally collects large upfront fees from Delaware consumers facing financial distress with the promise to secure loan modification or other relief from their mortgage lenders.