American Express has agreed to pay nearly $109 million in fines related to deceptive marketing and false account allegations, the Justice Department announced Thursday.
The Justice Department said the company misrepresented its credit card rewards and fees and made false claims about the tax benefits of its wire transfer products.
Under a nonprosecution agreement the company is to pay a $77.6 million fine and forfeit $60.7 million for the revenue that could have been owed from its Payroll Rewards and Premium Wire programs.
American Express said on Thursday it will pay about $230 million to settle U.S. criminal and civil probes into alleged deceptive practices in selling credit card and wire transfer products to small business customers.
The Wall Street Journal had reported on a series of deceptive and strong-arm tactics the card company used to increase small business sign-ups.
An unusually difficult Stadium Course gave those players on the Nicklaus Tournament Course and La Quinta Country Club a leg up
The 20,000-square-foot, two-story space will be located in Terminal C, with amenities including a rooftop bar, a green roof, and Logan’s first outdoor patio.
J.T. Poston shot a 10-under 62 to take a one-stroke lead over Justin Lower in the opening round of The American Express.
The first PGA Tour event of the year in California tees on Thursday, Jan. 16 at The American Express. Three golf courses in a pro-am format followed by final round Sunday at the Pete Dye-designed Stadium Course at PGA West in La Quinta,
Little Big Town will perform Friday and Journey takes the stage Saturday as the musical acts for the 2025 tournament in La Quinta.
American Express (AXP) agrees to pay $108.7M civil penalty for deceptive marketing of credit card and wire transfer services, DOJ says.