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Ghosts: Manufacturers of energy drinks, nutritional supplements and adult sports nutrition products must defend against allegations that these products are "unfairly and deceptively" marketed to children in violation of Federal Trade Commission and US Food and Drug Administration laws. The complaints come from the advertising watchdog group TINA.org and the UConn Rudd Center for Food & Health Policy. They cite the use of the Ghost Candy brand for flavor and packaging, including Swedish Fish, Bubblicious, Sour Patch Kids and Warheads.
Ghost said in a statement that it "has an uncompromising code of conduct for responsible marketing that strictly prohibits marketing to anyone under the age of 18 and has strict policies in place to ensure compliance. Ghost takes these matters very seriously and we continually evaluate them." . , all our content and marketing materials to reflect and maintain our code of conduct."
Influencers: The industry took a big beating this week, with eight influencers accused of a stock manipulation scheme. Influencers are facing civil and criminal lawsuits, The Wall Street Journal reports, for encouraging their followers to "buy some purchased stock" without disclosing their intention to trade after the stock price or trading volume increases. According to a Journal report, they included: Perry Matlock, known as "PJ Matlock"; Edward Constantin, aka "MrZackMorris"; Thomas Cooperman, known as "Tommy Coops"; Gary Deel, known as "Mystic Mac"; Mitchell Hennessey, known as "Hugh Henne"; Stefan Hrvatin, known as "LadeBackk'" and John Rybarczyk, known as "Ultra Calls" and "The Stock Sniper".
State Farm: The insurance company sued for racial bias used nine months of data to prove its claims in court, according to a shocking New York Times report. The lawsuit alleges that State Farm discriminated against black customers when paying claims. A State Farm media specialist said the company was taking the matter seriously. "This costume does not reflect our values at State Farm," he said. “State Farm is committed to creating a diverse and inclusive environment where all customers and employees are treated fairly, with respect and with dignity. We are committed to paying our debts promptly and courteously.'
