| Volume 144 Number 44 |
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The People’s Lawyer’s Tip of the Day
Last year, the FTC reached a settlement agreement with makers of ReJuvenation and sent refund checks to people who bought this so-called “anti-aging” pill that claimed to be a cure-all for ailments including cell damage, heart attack damage, brain damage, and deafness. If you bought ReJuvenation and haven’t already gotten a check, here’s what you should know.
Click here for more.
AT&T and DISH sign $5 billion deal to create a wireless network
Time to add another partnership to the growing list of telecom, broadband, and content services that have come together to bolster their position. On Monday, AT&T and DISH announced that they’ve inked a deal that will make AT&T the primary network services partner for DISH customers.
As part of the agreement, DISH will provide current and future customers of its retail wireless brands -- Boost Mobile, Ting Mobile, and Republic Wireless -- access to coverage and connectivity on AT&T's wireless network, in addition to DISH’s 5G network. Click here for more.
Your Money
Homebuyers often seek the lowest mortgage interest rate, but another number – the annual percentage rate, or APR – is just as important when deciding how much house you can afford. The interest rate and the APR are not the same thing, although both relate to the cost of borrowing money. The interest rate is the annual cost of borrowing the principal loan amount, expressed as a percentage, and does not include all fees you'll pay for the loan. On the other hand, the APR is the annual cost of the loan, including fees, and reflects the true cost of borrowing. This is why the APR is often higher than the interest rate. Click here for more.
For the Lawyers
Former employee must arbitrate gateway questions. Plaintiff appealed to the Sixth Circuit Court of Appeals, arguing that an arbitration agreement did not cover his employment claims, that it was unconscionable, and that defendant failed to give adequate consideration in return for his agreement to arbitrate. The court affirmed the district court’s decision to compel arbitration, holding that the arbitration agreement expressly reserved these “gateway” questions concerning coverage and enforceability of the arbitration agreement for the arbitrator to resolve. Anderson v. Charter Communications, Inc., ___ F.3d ___ (6th Cir. 2021) Click here for more.