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CarShield is fined by US FTC for deceptive ads, including by celebrities

07/31/2024

Less than a minute

2024.07.31 12:41

© Reuters. FILE PHOTO: Rapper Ice-T meets with fans during his star unveiling ceremony on the Hollywood Walk of Fame in Los Angeles, California, U.S., February 17, 2023. REUTERS/Mario Anzuoni/File Photo

(Reuters) – CarShield has agreed to a $10 million settlement to resolve charges of deceptive advertising of its vehicle service contracts, and has been barred from allowing misrepresentations by celebrity endorsers like Ice-T, the U.S. Federal Trade Commission said on Wednesday.

The payout will be made by CarShield and American Auto Shield, the administrator of its service contracts, the FTC said.

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07/31/2024

Less than a minute