Monday, March 18, 2013
Attorney General Lisa Madigan warns of the high cost of refund anticipation loans.
Monday, March 18
Attorney General Lisa Madigan today alerted Illinoisans to beware of the high cost of tax-refund anticipation products as the deadline for filing annual tax returns nears. Madigan said her office is monitoring businesses that offer tax-refund anticipation loans and checks this tax season in light of a new law in Illinois initiated by her office that cracks down on the excessively high fees associated with these options. The new law, which became effective in January, prohibits tax preparers from adding unnecessary costs – or “junk fees” – for refund products. “With tax season in full swing, tax preparers are once again flooding the airwaves with ads promising you a faster refund if you buy one of their loan offerings,” Madigan said. “But…
Thursday, February 14, 2013
Illinois Attorney General Lisa Madigan joined the multi-state $29 million settlement with Toyota Motor Corporation over its failure to alert motorists to dangerous acceleration safety defects.
Thursday, February 14
Attorney General Lisa Madigan today joined a $29 million, multi-state settlement with Toyota Motor Corporation over its failure to alert motorists to dangerous safety defects that caused millions of vehicles to unintentionally accelerate. “In spite of the evidence that millions of vehicles had serious defects, Toyota continued to promote and sell cars that put its customers in great danger,” Madigan said. Madigan and the states allege Toyota officials were aware of the defects that caused millions of its vehicles, including the Camry, Corolla and Prius, to unintentionally accelerate but failed to alert the public and continued to market and advertise Toyota vehicles as safe. The defects led to wide-ranging recalls of its vehicles in late…
Sunday, September 16, 2012
Roundup of Chicago area news readers are talking about.
Monday, November 28, 2011
Ninety-one kids products have been recalled this year. Are any on your shopping list?
Though most recalled toys are yanked from store shelves, some find their way onto resale websites and eventually into the home. If you're shopping for holiday gifts online, it's something to keep in mind. To help diminish the risk of allowing a defunct or dangerous product into your household, Illinois Attorney General Lisa Madigan has once again issued her Safe Shopping Guide, a 42-page PDF document packed with photos and product descriptions of products recalled in 2011. It's available at the Illinois Attorney General's website and is attached here as a PDF. “This guide is an easy-to-use resource for parents who are already busy enough without monitoring the dizzying number of recalls and dangerous products. I encourage everyone to use …
Tuesday, May 24, 2011
Illinois Commerce Commission approves delivery rate hike.
The Illinois Commerce Commission on Tuesday approved a rate hike for ComEd. Crain's Chicago Business reports the $156 million rate hike is roughly half of what the utility giant originally sought: ComEd initially asked for a $396-million rate hike when it filed its proposal with the ICC last June. That would have increased the average household electric bill 7%, the utility said then. On Tuesday, the commission granted ComEd an increase in the amount it charges to deliver electricity to homes and commercial customers. The hike equals about a $3.15 increase to a ComEd customer's monthly bill, according to the Chicago Tribune. Reacting to the developments, the Citizens Utility Board, a nonprofit energy watchdog group, issued a statement …